For the most part, if you have a well-drafted separation agreement or even a very basic court order, you should be clear on what, exactly, needs to happen to wrap everything up with a nice little bow on top once your divorce is finalized. Sometimes, though, that is not the case – whether because of...
What do I have to do after divorce to get what I’m supposed to receive?
As far as equitable distribution – the legal process where your assets and liabilities are divided during divorce – is concerned, division of the retirement accounts is pretty easy. But, because retirement accounts represent a large portion of what most people have saved throughout their lives, they are also very emotionally complicated. The higher earning...
For a long time, I thought the ten year myth – the idea that you had to be married for ten years to be entitled to a portion of the military retirement – was limited to military divorces only. Please note, of course, that I called it a MYTH. I didn’t realize that many civilians...
One of the biggest assets that we divide in divorce are retirement accounts. Whether we’re talking about IRAs, 401(k)s, 403(b)s, pensions, stock options, TSPs, or any other type of account, if they were earned during the marriage, they’re marital property and subject to division in any action for divorce. Retirement is actually (usually!) an easy...