Intentional Divorce Insights
One of the most complex aspects of divorce is the division of assets, particularly when it comes to protecting your inherited money in divorce. Inheritance, often steeped in sentimental value and of significant financial worth, is a treasure worth guarding. The way forward is paved with knowledge, strategic planning, and the right professional...
5 Reasons to Hire a Divorce Financial Advisor
- Gain clarity around your current financial situation
- Avoid common and costly financial mistakes when negotiating your divorce settlement
- Learn how your financial settlement will impact both your present and your future
- Understand the financial risks inherent in your settlement
- Reduce the financial...
It may or may not come as a surprise to you that a pension is frequently the most significant asset divided 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...
Divorce itself is an emotionally charged, troubling process. Add major financial decisions to the mix, and divorce can be a recipe for disaster. Litigants are forced to make life-altering financial decisions during a time of emotional turmoil. Anyone walking through a divorce knows this can feel like an impossible task. There is hope! You can...
Let's start with the basics. There are so many different types of retirement accounts out there - IRAs, ROTH IRAs, and 401(K)s just to name a few. While those are probably the most common, there are numerous others. For someone who is not dealing with them every day, it can be confusing. More importantly, not all retirement assets are the same...
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...
