Going through a divorce can be an emotionally and financially taxing process. It is especially challenging for children, as they often don’t understand the complexities of the situation or how to best navigate it. Working with a divorce lawyer can help make this process easier for everyone involved, and most importantly, it’s better for your children. It can help protect the best interests of your children and ensure that any decisions made throughout the process will work for their good.…
When it’s time to divide marital assets, things may not always be what they seem. It can appear to be unfair to share the savings one spouse has set aside for their retirement with the other spouse who contributed nothing. Read on and find out what happens with retirement accounts during a divorce.
Retirement Accounts May be Marital Property
The 401(k), IRA, and pension accounts held by a party are, in almost all cases, considered marital property.…
When you get divorced, one topic that may come up is alimony. Some parties in a divorce may be interested in receiving alimony, especially if there is a significant earnings differential in the marriage. One thing to keep in mind is that alimony is not set in stone once you get divorced. Whether you pay alimony or receive it, the alimony can be modified in certain situations. If you want to know more about alimony modifications and improve your chance for the modification to go your way, the following tips may be helpful:…