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:…
Divorce is an emotional process. You may be sad, angry, frustrated, or melancholy. One thing that does not help is worrying about your reputation. Whether you are a pillar in your community or you are concerned about getting what you believe you deserve out of your divorce, managing your reputation during this process is crucial. Here are some things you should know about how to keep your reputation as clean as possible during your divorce:…
