Intentional Divorce Insights

 
 
Don’t Forget to Consider This When Evaluating Your Divorce Settlement

When I look at divorce settlement proposals for clients, there’s one thing I consider above everything else. I’d encourage you to do the same. In evaluating your divorce settlement, think of this first and foremost: Are you able to uphold this agreement?

Oftentimes, people want the maximum child and/or spousal support possible...

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How to Divide a 401K in a Divorce: A Step-by-Step Guide

Dividing a 401k in a divorce can be a complex process. In this guide, we will walk you through the steps on how to divide a 401k in a divorce so you can avoid unnecessary tax burdens.

In general, there is a lot of confusion around different types of retirement accounts. Some people refer to all retirement accounts as pensions or all retirement...

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Considerations When Trying to Keep Your Pension in a Divorce

It may or may not come as a surprise to you that a pension is frequently the largest asset negotiated in a divorce. With that said, it's not a foregone conclusion that you'll have to give up a portion of your pension as part of your divorce settlement. I'm surprised by the number of cases I see in which the parties decide the pension owner will...

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How to keep your house in a divorce

If you are wondering how to keep your house in a divorce, you're not alone. A lot of my clients have sentimental attachments to their homes. You've made memories there. It's where you raised your family. You may have close relationships with your neighbors or other strong ties to the community.

Even if you are not particularly sentimental, you...

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Clearing Up Misconceptions About Thrift Savings Plans & Divorce

Let's start with the basics. When it comes to retirement accounts, there is a wide array of options available - from the popular IRAs, ROTH IRAs, and 401(K)s, to numerous other lesser-known plans. With so many choices, it can be overwhelming for individuals who are not dealing with them on a daily basis. It's crucial to understand that not all...

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What Everyone Needs to Know About Divorce and Retirement Accounts

Valuing and dividing retirement accounts is more complex than most divorcing couples expect. Below are five common questions we receive regarding divorce and retirement accounts.

1. Does a retirement account only belong to the person whose name is on it?

Imagine that only one spouse worked for most of the marriage while the other cared for...

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