Message Font: Serif | Sans-Serif
No. of Recommendations: 8
I won't comment on the IRA question, but think you should keep on your son about getting his own lawyer. Your DIL's lawyer will definitely be working for her, which means he/she will be working against your son, however amicable your son and DIL hope this parting will be. Your son needs his own lawyer to look after his interests; no one else will. For example, on this IRA thing, DIL's lawyer really doesn't care about tax consequences for your son; he/she is only interested in getting as much as possible for DIL and child. (I suspect there are many impoverished ex-husbands who tried to save a few bucks and do without a lawyer, and who got taken to the cleaners on alimony, child support, division of assets, etc.)

For what it's worth, I don't think they could have shared a lawyer, as you suggested. I may be mistaken, but I don't think ethics will allow a lawyer to represent both parties in an adversarial proceeding, which this is.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.