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After a divorce in New York, the next item is often the division of debts and assets accumulated during the marriage. However, only assets and debts regarded as marital property are subject to division, not separate property. The New York domestic relations law has an...

New York is an equitable distribution state that considers pensions as marital property. That means upon divorce, a portion of your pension benefits will be awarded to your ex-spouse. The process, however, is a bit complex. That is why working closely with an...

When divorce strikes, it affects every facet of one's life, including benefits flowing from federal employment. Moreover, these benefits are often massive since it involves crucial matters such as lifelong annuity payouts and health insurance coverage. However, there...

Going through a divorce takes its toll on everyone involved; not excluding the kids, family members, and even friends bears the brunt of the stress and pain. With child custody battles, it becomes an even more heated process. During this period, the division of your...

Divorce is never an easy process, not even for the person who initiated it. While you might want to get over the process as soon as possible, it is not uncommon to overlook changing your beneficiary designations after divorce. Contrary to what you may have thought,...

Divorce is never a simple process, especially when achieving equitable financial separation. Before you even think of divorce, you must first understand what it entails and its impact on your retirement savings. Typically, a judge is most likely to award your spouse...

Whether as military personnel or perhaps a military spouse, the divorce process is the same as any other divorce. The difference, however, depends on the circumstances surrounding the divorce. Our men and women who serve in the military face tons of hardship that...

Anyone who has gone through a divorce knows the emotional toll that follows. But that is not all, as it can also impact your financial life if you fail to protect your pension. Typically, a pension earned by one spouse is considered marital property that needs to be...

After you’re done with all the brouhaha that came with your divorce, you might think you’re done. You thought now, your weary brain can finally take a rest. But that is far from reality, as there is a little more you need to do before you can finally take a sigh of...

When you’re married, there are but a few assets you could individually own. Others, however, will be considered marital assets. In the event of divorce, assets considered marital is divided between you and your spouse. However, the process isn’t as easy as it sounds...

If you ask some attorneys, they will tell you that these are hidden fees that bite you in the ass when you least expected. They add insult to injury, complicating an already exasperating divorce process. Notwithstanding, knowledge of the QDRO fee will help you prepare...

Divorce is a perilous time that challenges everything you stand for. After your divorce has been finalized, it is important to give yourself some grieving and healing time. It is normal to feel relieved after separating from your spouse and getting through the divorce...

When divorce is inevitable, you must act fast to protect your finances to avoid being milked to the last drop. Almost everyone comes out of a divorce in a financial crisis, especially for the party responsible for paying spousal, child support, etc. When you’re at...

So, you’ve finalized your divorce; even sort out child support, alimony, and property division. With the help of an attorney, you draft out a QDRO necessary for dividing retirement accounts only to discover that your ex wouldn't sign the order. What now? Typically,...

If you’re in the heat of divorce and among your assets, there is a retirement plan to be distributed, then you surely need to hire a QDRO attorney. You can't draft and file this special order, especially since you have no experience handling them. With a QDRO...

Usually, when the union becomes toxic, divorce becomes the safe option to adopt. However, the proceeds from the union can be shared inappropriately, thereby making one party gain more than the other.  This misappropriation is particularly true with retirements...

The beauty of a QDRO is that dividing retirement assets wouldn’t have to incur any income tax penalty. It allows separating couples to divide their asset without having to worry about losing some to taxes. To do this, couples...

Undergoing divorce is primarily unpredictable and could catch divorce victims unexpectedly. More so, if you didn’t have specific plans put in place for such situations. A QDRO could be necessary during a divorce! What you should know about a Qualified Domestic...