You've worked at least 25 years in a profession that offers a pension as a retirement plan. You have decided that it's time to retire. So, what do you do with that pension you've been paying into for most of your adult life? Do you take it all in one lump sum or do...
Serving Rome, New York residents with legal issues
Month: June 2018
3 steps to obtaining a QDRO
Going through a divorce opens up many questions about how you and your spouse will adjust financially to your newly single status. Marriage is more than just a union of two lives—it is also a joining of finances, and as such, the separation can get messy. A qualified...
Married couples should hold joint credit accounts
When you are married, you likely have quite a bit of important documents in both names. These might include your vehicle titles, deed to your residence and even retirement accounts or other financial accounts. There are some married couples who have both joint and...
Items that cannot be included in a prenuptial agreement
Putting together a prenuptial agreement prior to your marriage in Oneida, New York, can do wonders for your stress levels. If you enter a marriage with a variety of assets, such as real estate, a high income and jewelry, you should absolutely sign a prenup to protect...
Explaining the survivors pension in New York
Pensions are important accounts that public employees and members of the military earn during their time employed and while serving the country. These accounts are handed down by the holder to the beneficiary, typically a spouse. There are ways that the pension can be...
How to prepare for a separation from your spouse
Coming to the realization that your marriage has hit a breaking point is never easy. Even if you've seen it coming, it still isn't easy to admit that there is something wrong. As you seek ways to possibly fix the marriage, you need to prepare for a possible separation...