Divorce & Finances
Learning the best tips to prepare for financial negotiations during divorce to getting ready to manage your own finances moving forward, get advice from our finance experts.
Learning the best tips to prepare for financial negotiations during divorce to getting ready to manage your own finances moving forward, get advice from our finance experts.
A qualified domestic relations order (QDRO) is a court order or decree that requires a portion of a retirement plan to be transferred to a spouse or dependent, usually used during a divorce. A QDRO gives the plan administrator the authority to divide the retirement account. QDROs are not mandated by the court and
I read somewhere that when you are trying to figure out what comes next after your midlife divorce, your first decision should be where you want to live after the divorce is final. Before, during and after a midlife divorce, almost every single thing in your life is turned upside-down. No other life challenge
With so many different banking options today, many people have more than one bank account. Many couples divide accounts into mine, yours, and ours. However, if you find your spouse has a secret bank account that you never knew about, you might wonder what this means for your relationship. Below, we dive into this
One of the most complex aspects of divorce is figuring out how to divide marital assets between you and your spouse. However, before you even get to this step, you first have to determine what is subject to that division. There are likely assets that you owned before the marriage that you expect to
Dealing with divorce in the workplace depends on a lot of different variables. In a program I presented to the Kansas City Chapter of the American Business Women’s Association, I explained that the answer to how to handle divorce at work depends on if you are dealing with divorce: As an employee (When divorce happens
Divorce is a life event that often causes more disruption in your day-to-day life than any other relationship event...especially if you’re facing divorce at midlife and have been a stay-at-home mom, and have no job. If you have never had to fully support yourself, the terrifying question of “How am I going to survive
The cost of an attorney can vary widely, from divorce attorneys who charge a flat $500 fee for uncontested divorces to upwards of $10,000 in contested cases. If there is not an agreement regarding children or high net worth individuals are involved, the expense can be even more extreme. This raises the question of
Your vehicle represents many things: freedom, a mode of transportation to get to work, or maybe even a victory after paying down a car loan for years. However, the vehicle may be just as important to your spouse, so it may be a point of contention during your divorce. Find out what your options
Dealing with a mortgage during divorce is complicated. Your home may be the most valuable asset that you own together. It may also have sentimental value to you if it was your first home or if it's where your children grew up. Typically you'll be able to come to an agreement with your spouse regarding
Many spouses who are disabled or who are married to someone who is disabled have many questions about disability benefits, divorce, and disability benefits. Spouses may pose questions to their attorneys like “I am disabled and my husband wants a divorce. What do I do?” or “Can my ex wife get my Social Security
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