Understanding the financial and tax implications of your options - and avoiding financial landmines - is critical in creating a settlement that will last long-term.
If you find yourself struggling with debt or even filing for bankruptcy after your divorce, here are some strategies for dealing with your post-divorce credit problems in the US.
What is a grey divorce, and how does a breadwinner and their unemployed spouse organize their documents to get one? Los Angeles law attorney, Marlo Van Oorschot explains in this article and expounds on how it is necessary to consider all risks and liabili
In terms of value, retirement plans tend to be the largest marital asset in a divorce. Whether you are a family law attorney dealing with these issues on a daily basis or an attorney who knows of (or is related to) a federal employee, here are some important issues to consider if the federal employee you know is going through a divorce.
A portion of an IRA (Individual Retirement Account) can be transferred without tax penalty into an IRA Account for the alternate payee, if the alternate payee is the spouse or former spouse and the transfer is pursuant to a divorce.
A QDRO is a court order with the purpose of dividing the pension as if it were property between the employee and their non-employee spouse.
The term QDRO, or Qualified Domestic Relations Order, applies to the private sector. Federal pensions are exempt from QDROs because they are exempt from ERISA, the Employee Retirement Income Security Act of 1974.
Statistics say that almost one out of every two marriages will end in divorce. This sociological earthquake has left the old-style nuclear family in ruins – but what effect is it having on the economics of love?
Here's help navigating the dangerous waters of divorce so you'll reach safe harbor: a financially sound future.
During the division of property, you must decide what to do with the family home. Will one of you keep it, will both of you remain there until the market improves, or will you rent it out?
Since we first launched in 1996, the mission of this website has always been to help our readers make their divorce more civilized, amicable, and transformational. If you'd like to offer expert advice, useful information, or support to those who are considering divorce, separated, or already divorced, there are two ways you can contribute content to us:
If you'd like to offer expert advice, quality information, or support to those who are considering divorce, separated from their spouses, or already divorced, there are two ways you can contribute content to this website:
Certified Divorce Financial Analyst
Business Valuators / CPAs