Media Interview: Separation vs. Divorce, Tax Returns, and Estate Preparedness with The Budgette

On July 19, Sherif Rizk spoke with Renée Sylvestre-Williams for The Budgette to discuss legal considerations that accompany the end of a committed relationship.

Whether a separation or divorce has been long-discussed, or comes completely out of the blue, each detail and decision around dividing assets, tax obligations, and separation agreements can have lasting consequences.

Rizk and Sylvestre-Williams discussed the legal definitions around these issues, when court involvement becomes necessary, how changes in circumstances can affect existing agreements, and why early attention to estate planning can prevent complications.

Read the full article here:
https://budgette.substack.com/p/so-youre-going-to-be-single-soon

“If there’s a breakdown in the negotiations, the intervention of the court becomes necessary. You want to just be careful to assess whether you’re pursuing that option as a last resort. Mainly because the court process takes a long time, and there’s a lot of disclosure requirements and formalities that have to be followed.” –Sherif Rizk