Intentional Divorce Insights
Most of the time, when I sit down with couples preparing to dissolve their marriage, individuals assume that each account will be divided in half. Did you know that's not always the case? In states like Ohio, where the law requires an equitable distribution of assets in a divorce, it's important to remember that equitable is not always...
Teachers, if you are in the process of terminating your marriage, these dissolution tips are for you.
Teachers hold a special place in my heart for many reasons. For one, early in my career, I was a teacher. I earned my Master's in Education and have made quite a few teacher friends over the years. Additionally, I had the pleasure of...
It's common for clients to enter my office with misconceptions regarding separate property in a divorce and how assets should be divided. This confusion often arises from reading online articles without verifying the source. Remember, laws regarding separate property during a divorce can differ greatly depending on the state. Reading advice...
There is a great deal of confusion around Social Security retirement benefits under the most straightforward circumstances. When it comes to social security benefits for divorced spouses, it's even more complicated.
First, it's important to note that social security is not divisible as an asset in a divorce. However, you may still be able to...
Many expensive financial mistakes are commonly made when people are going through a divorce. It makes sense. Emotions are running high, and it's common not to want to engage a financial professional if you are already paying legal fees. That said, the cost of a financial professional relative to the amount they can save you in financial mistakes...
What does QDRO stand for anyway?
QDRO, pronounced quadro, stands for Qualified Domestic Relations Order. If part of your divorce settlement includes a division of retirement assets held with a current or former employer, you may need a QDRO (Qualified Domestic Relations Order) or similar document, depending on the retirement plan. A...
