Retirement accounts are some of the biggest benefits of employment. Many companies will do all they can to match the contributions of their employees into retirement accounts. Some will go above matching the contributions as a way of enticing candidates to accept job...
Serving Rome, New York residents with legal issues
Month: August 2018
Ups and downs of alimony under The Tax Cuts and Jobs Act
Many high-asset couples may be looking at The Tax Cuts and Jobs Act and thinking that it seems one-sided, taxing the payor of alimony and providing support money tax-free to the receiver. In truth, the law could be financially beneficial to both parties under certain...
New report says divorce costs $2,000 more with student loans
A new report claims that it can cost you $2,000 more to get a divorce if you have student loans in your name. It seems as though having student loan debt is becoming a big reason for couples to get divorced these days. Now, add on the notion that it can lead to higher...
Debt doesn’t go away when a divorce is finalized
If you are working towards a divorce in New York, there's something very important you must understand: Debt does not go away once the divorce is finalized. Take a minute to let that sink in. You will still be responsible for the debt that was accrued during the...
Explaining alternate payee of a qualified domestic relation order
Alternate payee is a term that has been used for quite a while now and it isn't going anywhere anytime soon. This term is used when discussing pensions and who can qualify to receive the benefits of your pension when it comes to a Qualified Domestic Relation Order...
Stay insured after divorce using spousal support
Going through a divorce is a stressful situation. It becomes even more stressful when you realize you will no longer be covered by your former spouse's insurance policies. All of the coverage you had is now no longer in effect. That's why you need to use any spousal...