Separation and divorce are exhausting and take a real toll on both spouses in some way or another. Emotions and nerves may teeter on the brink of breaking even the strongest person. When there are children in the picture, the stress of divorce can increase tenfold....
The division of assets is a large part of the divorce process. For some parties, a retirement plan is an important aspect of that process. To make the process work best for you, it is important that you understand how a QDRO works. There are a few key facts...
The end goal in your divorce is the legal severance of your marriage, which allows you and your spouse to regain your single status. At the end of this road is a document called a divorce decree that spells out the terms of your divorce. A judge will enter this decree...
If you and your spouse have decided to end your marriage, property division and the equitable distribution of pension benefits may be on your mind. In the state of New York, the Majauskas formula comes into play, but are there other pension distribution options to...
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...
One of the most heartbreaking subjects of any divorce concerns potential harm to the couple's children. Most divorcing parents are genuinely concerned about doing all they can to minimize trauma to their children. Sadly, a subset of divorcing parents selfishly use...
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...
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...
As a New York grandparent, a time may come when you want to establish legal custody over your grandchild. Maybe your grandchild’s parents are behind bars, or perhaps you have concerns about one or both parents abusing alcohol or drugs. Regardless of your reasoning for...
Receiving payments from a pension plan is an effective way to ensure you have enough money to get through retirement. Splitting these payments in a divorce, however, could rob you of the hard-earned benefits if your agreement is not made appropriately. Do I have to...