Serving Rome, New York residents with legal issues
When it comes to getting divorced in the state of New York you should know how your assets and other property will be divided. It is an important part of the divorce process, especially when talking about the division of pensions. There could be pensions for one...
If you are a woman facing divorce, it's vital for you to find out certain information before your divorce becomes final. This is particularly true when pension benefits come into play in any settlement negotiations. The reason for this is clear. You cannot possibly...
A defined contribution plan is an important part of a person's finances and needs to be protect when headed for divorce. Before you even consider divorce, you need to know how you can make the most of your defined contribution plan so it works for you in retirement...
If you and your spouse choose to divorce after being married for a significant number of years and either of you has built up a sizable pension, the pension may face a complicated process of division when it comes time to negotiate a divorce settlement. Dividing...
The ex-wife of a deceased NFL player can pursue his pension benefits, according to the ruling of a federal judge in Massachusetts on April 18. A motion to dismiss a lawsuit filed by the ex-wife of a former New England Patriots player by the Bert Bell/Pete Rozelle NFL...
A qualified domestic relations order (QDRO) is common in divorce cases, especially when dealing with division of pensions. There are quite a bit of items that must be addressed in a QDRO in order to protect all parties involved. The items that must be addressed are...
In 1984, the State Court of Appeals heard the case Majauskas v. Majauskas, a divorce case which concerned pension plan distribution. The plaintiff argued that his pension rights were not marital property because he began work for the Rochester Police Department before...
Pensions are an important part of a person's retirement plans, especially if they have been working for quite some time. Pensions can be earned by local, state and federal employees after so many years on the job. Employees who earn pensions might have to share that...
Defined contribution plans sound fancy, but they are the common retirement savings plans you come across all the time during employment. They include 401(k)s, 457s, 403(b)s and Thrift Savings Plans. These plans are typically sponsored by your employer and are called...
Divorce is never a pleasant topic, especially when it becomes hotly contested by one or both spouses. Many worry about how the money or assets will be divided during the divorce. One thing that really worries divorcing spouses is the division of pensions. Many wonder,...