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Dallas, TX (PRWEB) July 10, 2014
On July 9, 2014, a blog post written by Dallas Divorce Attorney Michelle May ONeil, Shareholder at Godwin Lewis, P.C., was included in LexBlogs Top 10 in Law Blogs list. Attorney ONeils post that was featured was titled Strategy in Asset Divisions – Dos and Donts. It was posted on July 9. Her post discussed the various steps divorcing spouses should take and avoid when they are considering asset liquidation as part of the divorce process. Ms. ONeil is a board-certified family law specialist who draws from more than 20 years of experience in her practice area.
According to LexBlog, Internet networking authority Kevin OKeefe and his team use LexBlog to help attorneys learn how to build important professional relationships and effectively market themselves through blogging, social media and social networking. LexBlogs Top 10 in Law Blogs regularly features the posts of attorneys who have used their blog space in a meaningful way.
In Attorney ONeils featured blog post, she explained how divorcing spouses need to look beyond the mere dollar-values of assets when they are getting divorced and entering into the property division stage. She noted that the spouses should consider their personal circumstances, including their short-term and long-term financial needs. They will need to think about factors such as their retirement needs and tax consequences, she wrote. To illustrate her point, Attorney ONeil cited a CNBC article written by Deborah Nason (Not always a rose: Avoiding thorny asset-liquidation issues in divorce, published on June 14, 2014.) Attorney ONeil shared Ms. Nasons valuable Dos and Donts. The Dos addressed the information that spouses should know before liquidating assets, such as the cost basis of investable assets, the capital gain that will occur from a home sale, the true valuation of a business, etc. The Donts warned of common liquidation mistakes, such as the mistake of liquidating 401(k) when this can be avoided, the mistake of overlooking certain capital gain factors, etc.
Attorney ONeil is admitted to practice law in Texas and in the U.S. Supreme Court. She received her board certification in family law from the Texas Board of Legal Specialization in 1997 and has kept that certification ever since. Ms. ONeil has been recognized as a leading attorney within the legal community on numerous occasions. She was named to the Texas Super Lawyers
