Articles
Category: Divorce and Money
What Happens to Retirement Assets in a Divorce?
Going through a divorce? You should look carefully at retirement assets. Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic Relations Order (QDRO), which […]
Category: Deciding to Divorce
Thinking of Splitting Up? Read This First.
Your first stop should not necessarily be a lawyer: start at a book store or library and on the internet to educate yourself before you meet with a potential lawyer or mediator. If you are considering separating from your spouse, you are probably having a million thoughts a minute. It is a difficult choice, with […]
Category: Divorce and Money
When Estate Planning and Divorce Intersect
Irrevocable Life Insurance Trust An irrevocable life insurance trust is a trust specifically designed to remove the death benefit of life insurance from your gross estate (the total dollar value of all property and assets at the time of your death). Most people fail to realize that when you own a life insurance policy, it […]
Category: Recovering from Divorce
Divorce Anesthesia
When a spouse leaves the marriage for another person From my experience working with people going through or recovering from divorce, I have observed a vast emotional difference between the spouse who leaves the marriage to be with someone else, or for the hope of being with someone else, and the one who has been […]
Category: Divorce and Children
Making Co-Parenting Easier
Five Things Divorcing Parents Need to Know Think of the future. Because someday you may be walking your daughter down the aisle together, sitting with your ex at your child’s college graduation or waiting outside the delivery room as your grandchild is born, don’t make things worse than they already are. In fact, over time, […]