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Divorcing later in life can feel especially overwhelming. Many people assume gray divorce, divorces among those over 50, is simple. In reality, misconceptions can make the process more stressful. Understanding the truth behind these three common myths can help you...
Splitting up marital property is often the most challenging aspect of divorce. Frequently, spouses don't agree on all of the details. They may also need to take special steps to appropriately resolve matters related to specific assets. If they own a home together, the...
Divorce can take some time to complete, even after the last hearing in court. After months of negotiations or waiting in between court hearings, divorcing spouses typically breathe a sigh of relief when the judge finalizes the divorce. The judge’s final ruling...
Any marriage could potentially end in a messy divorce. However, some couples are at greater risk of protracted divorce conflicts than others. Those who have enjoyed a more comfortable standard of living during the marriage and who have more shared wealth might be at...
You may have heard that a Qualified Domestic Relations Order (QDRO) can be used to divide retirement accounts, often during a divorce. For instance, one spouse may be an employee earning a pension, and their ex may use a QDRO to ensure they receive a portion of that...
When you use a qualified domestic relations order (QDRO), you can split up a retirement account, such as a pension plan. If your spouse is receiving a pension from their employer, there’s a good chance you were counting on this money to retire. You don’t necessarily...
Dividing property is often one of the most challenging aspects of a divorce, as spouses often disagree about what is fair. Those with larger marital estates often have more valuable assets to address, and they may have issues with non-compliance even after the end of...
A QDRO, which stands for Qualified Domestic Relations Order, is a legal document that is typically used in the context of divorce or separation to divide employment-sponsored retirement accounts, such as 401(k)s and pension plans, between divorcing parties. It is a...
Divorce can be a very lengthy, stressful and expensive process. The average person will breathe a profound sigh of relief when they have fully resolved their divorce. Signing an agreement related to property division or getting a final order from the courts may make...
High-asset couples that have acquired valuable property during their marriages often experience major challenges when they prepare for divorce. Dividing their resources can be very difficult. Retirement accounts are among the assets that can be the biggest challenge...