Personal Finance Daily: Don't let divorce make tax woes worse

Personal Finance Daily MARCH 05, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: Don't let a divorce cause years of tax problems Why you should care about your credit score Auto Review: 2013 Chevrolet Malibu Eco Funds' all-time highs don't come all the time Divorces, even ones that begin amicably, can end up being costly and painful. Eva Rosenberg writes today in our TaxWatch column that couples should take steps to avoid having tax difficulties make the process even more difficult for years to come. Eva says the angry, bitter questions she receives years after the divorce is final make it clear that many attorneys do no tax planning at all. Many of these issues, including deducting legal fees, family support and exemptions and filing status, should be firmed up before the final documents are signed. Also today on MarketWatch, Jennifer Waters takes a look at the many different types of credit scores, what they are used for and why you should pay attention to them. — Anne Stanley , Managing Editor, Personal Finance Don't let a divorce cause years of tax problems Some ugly things can happen during the course of a divorce — and the problems can go on for years if the divorce attorney is not well-versed in tax issues. Eva Rosenberg offers tips on divorce mistakes to avoid. Read more: Don't let a divorce cause years of tax problems. Why you should care about your credit score Your credit score, which lenders use to assess your bill-paying ability, is in a constant state of flux and will vary from one credit bureau to the next, meaning you don't have one credit score, but many. Read more: Why you should care about your credit score. 2013 Chevrolet Malibu Eco If you're looking for an American car with good gas mileage, comfort and solid build quality, the Chevrolet Malibu Eco should be on your shopping list. Read more: 2013 Chevrolet Malibu Eco. INVESTING Funds' all-time highs don't come all the time When a mutual fund trades at its all-time high, it means the manager is doing the job, proven by the fact that every single shareholder is in the black. But you wouldn't want a manager to brag about it. Read more: Funds' all-time highs don't come all the time. Dow 1,339,410: The latest milestone Round numbers on stock indexes are meaningless in themselves. But they aren't a bad pretext for putting stock indexes in perspective — and that exercise might give you a less-jaundiced view on the market. Read more: Dow 1,339,410: The latest milestone. Warren Buffett vs. the profiteers of doom Buffy the Vampire Slayer, meet Buffett the Doom Slayer. The Oracle of Omaha, Warren Buffett, is firmly entrenched with optimists who believe the worst is over for both the U.S. economy and the stock market. Read more: Warren Buffett vs. the profiteers of doom. What the banks don't want you to know A banking revolt against regulators is brewing. But is it about "competition" as the industry alleges, or is it because investors might panic? Read more: What the banks don't want you to know. ECONOMY & POLITICS Service sector growth accelerates in February The U.S. service sector expands at a somewhat faster pace in February and indicates growing optimism about the economy, according to a closely followed survey of senior executives. The Institute for Supply Management says its service index rose to 57.3% last month from 56.8% in January. Read more: Service sector growth accelerates in February. Oil elixir losing its magic for Russia's Putin Rising oil prices were the magic elixir behind Vladimir Putin's rising popularity in the early 2000s, but the game has changed. Read more: Oil elixir losing its magic for Russia's Putin. Weidmann reawakens debate on Bundesbank's power Through public opinion, the Bundesbank can hold its own in the growing debate about the risks on the balance sheet of the ECB and the euro system. Read more: Weidmann reawakens debate on Bundesbank's power. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111