A qualified domestic relations orders, or QRDO, stipulates that a pension plan has to be split between the participant and an alternate payee. This is done to divide pensions after a divorce. For example, perhaps one spouse gets a pension of $2,000. Though every case...
Heading into divorce, your top goal is to keep your house. It's your refuge. It's where you're comfortable and relaxed. You've lived there for decades, and it's truly something you think of as your own. You can't imagine living anywhere else. While every case is...
You and your spouse are getting divorced in New York and you need to split up your pension. You know that your spouse is entitled to some of it, but how much? The court can use different formulas to reach a decision. For instance, some couples just agree on a flat...
You and your spouse are getting divorced. However, it's hard for you to even think of this as the "end" of your marriage. After all, the relationship ended a year and a half ago. You decided to take a temporary break for a month. That month turned into half a year....
Getting divorced later in life can be problematic when it comes to retirement. The issue is simple, according to one financial expert. People have been planning and saving for decades. They expected to live off of all of their savings and benefits. With the divorce,...