During divorce when emotions are careening out of control, one spouse often believes that the other party may be hiding assets. In 2011, The National Endowment for Financial Education (NEFE) released a study finding that 31% of people who combined finances with their significant other have been deceptive with their spouse/partner about money. Of those […]
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Alimony is usually designed to help the lower wage-earner transition into self-sufficiency
QDROs are complex legal documents; the smallest mistakes in language could cost thousands of dollars in lost benefit payments.
As is often the case in divorce, one spouse may not have a complete knowledge of the marital financial situation. Before productive settlement discussions can occur, both parties must be on the same page and have full financial disclosure regarding all the property and debt they acquired during the marriage. Agreeing to a property settlement […]
When divorce is on the horizon, it becomes necessary to compile a list of marital property (assets and debts) and supporting documentation as early in the process as possible. But many people have difficulty locating the necessary information. Tax returns are a good place to start when trying to verify sources of income, and to […]
I talk with many individuals who are struggling with the decision to divorce. It can be downright difficult to decide what direction to take, especially for those who have been married for decades. There can be a host of circumstances in the relationship that cause difficulty in deciding how to proceed. Some feel guilty leaving […]
If you believe that your marriage is on the rocks, or that your spouse is planning a divorce, it is essential to have a plan to protect yourself and make sure your family and your future will be secure. First, get your emotions in check, and curb your impulsive reactions so that you can properly […]
Your credit report: an easy way to create a list of all individual and joint credit accounts.
In order to choose a good family law attorney, a large part of your introductory interview will involve asking questions about their expertise, fees, and philosophy. Like many, you may find the idea of questioning a highly-trained professional intimidating. When interviewing a divorce attorney, don’t be apprehensive or nervous, or worry that you’re insulting them by […]
Divorce has a way of pulling the rug out from under you, even if you are the one who initiated the divorce. The adversarial nature can cause the process to be extremely expensive, and there are usually no “winners” in divorce. Splitting one household into two only multiplies the cost. However, education, planning and rational […]