Want to know how retirement accounts are divided during divorce? There are many different factors to consider when it comes to figuring out who gets what property once you divorce. When going through the process of property division in divorce, it is important to consider both the past and the […]
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For many spouses, property division in divorce includes dividing pension accounts. Pensions are employer-maintained, tax-deferred retirement accounts that provide fixed payouts during retirement. Many public and some private employees receive pensions as part of their benefit packages. When a couple divorces, these accounts must be handled appropriately to ensure that
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Thinking about getting divorced? You may be considering alimony, child support, and property division in divorce but have you thought about how your retirement may be affected? Many couples who are thinking of divorcing never consider how this act can affect their lifestyles during the golden years. To prevent any
Do I Lose My 401(k) When I Get Divorced? Read More »
Last Updated May 13, 2022 Many questions exist when you decide to divorce. One that is important to understand is whether you can keep your nonmarital property when you divorce. Nonmarital property includes property acquired before a marriage and a few other categories such as gifts or inheritance. The rules
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Last Updated: May 26, 2022 “Who gets to keep the house after divorce?” is one of the most common questions that arise during a discussion of property division in divorce. A house is one of the most expensive assets that most married couples purchase and when the union ends in
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When getting divorced, there is a huge difference between marital and nonmarital property. Legal bonds of marriage extend to property and debt. When two people are legally married, income and debt are shared. This usually is not an issue until the couple decides to divorce. Property division in divorce involves
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Married couples often have questions about property division during divorce. They want to know who will get the home, car, cash, and other assets and how difficult the property division process will be. A divorce lawyer can provide answers specific to the personal situation of the couple but there are
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Which spouse keeps which property during divorce is a questions many couples fret over when deciding to split up. When married couples file for divorce, they embark on a process that requires a lot of decision-making. One of the biggest decisions is how to divide their property. Unfortunately, there is
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Approximately 50 percent of first marriages end in divorce according to the U.S. Census Bureau. Divorce is a complex process both emotionally and legally. Division of property is a major issue in many divorces and it often results in a feud. Couples can avoid these battles if they manage their
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One of the biggest questions that is asked of our expert divorce attorneys is, “how do i get my fair share of marital property in divorce?” Property division is one of the most unpleasant aspects of getting divorced. Childless couples find themselves fighting over assets and heirlooms rather than children.
How Do I Get My Fair Share of Marital Property in Divorce? Read More »
Last Updated: January 12, 2023 When couples enter the divorce process, they become consumed with dividing their property. This involves deciding who will get the house, cars, personal belongings, and cash. Division of property extends to pensions and retirement accounts held by both parties. Dividing retirement accounts in divorce is
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Division of property during a divorce is accomplished through agreement by the spouses, a property settlement, or judicial decree. Several factors are considered and representation from an expert lawyer that deals with marital property is recommended to avoid losing any entitlements. Virtually all divorce attorneys will offer a free consultation
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