Property division in a divorce can be a challenging matter to work through. The situation becomes even more challenging when you are dealing with multiple properties. Trying to balance all of this out will prove to be difficult. One thing that you can do in these...
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Property And Asset Division
What to do with assets from a qualified domestic relations order
If you are working through a divorce, you may have become so caught up in division of assets that you may have overlooked one key source of value in the marriage: your spouse’s pension plan. The only way to guarantee your share of this reward is through a...
Logical thinking is your friend during property division
One of the important things that you will have to do if you divorce is to determine who is going to keep which assets, but you can't forget about the marital debts. All of these must be split up in the property division process. It is imperative that you go into this...
Divorce impacts debts and potentially your credit
Most people think of the marital assets when they are considering property division during a divorce. They tend to forget that someone has to pay the marital debts. These have to be split up during the property division process, but it might not be as easy as you...
What is a QDRO, and do you need one for your divorce?
Every part of divorce is complicated, and each party must abide by numerous rules. Failing to complete the process properly can result in a negative outcome for one or both spouses. One such area is the division of marital property. It often comes with much contention...
Property division might not always be easy during divorce
Splitting up the property that was accumulated during a marriage is a challenge in some divorces. This is because both parties might have specific things they are attached to that they don't want to let go. When both are attached to the same property, there can be a...
3 things to know about splitting a 401(k) during divorce
One of the most complex aspects of divorcing your spouse is determining how to split your assets. Dividing your bank accounts or possessions may be hard enough, but when it comes to a 401(k), the stakes get higher. This retirement asset may be the largest source of...
Tips for dividing debt in divorce
Asset division during divorce is a critical part of the process. You may need to split up bank accounts, retirement funds, pensions and other assets, from your home to your car to the artwork you bought together. Don't stop with simply dividing your assets. You also...
Pensions, retirement accounts have special divorce requirements
People often work at companies that offer retirement benefits. This is a great way that you can save for your retirement and know that you will be taken care of in the future. There is one situation that might throw a wrench in those plans – a divorce. If you are...
Should you agree to divide debt with your ex?
The easiest way to handle debt during a divorce is simple: Pay off the debt. Use the assets you have to get rid of what you owe, then split up what assets remain. You can eliminate debt before divorce to keep it from playing a part at all. Of course, this is easier...