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divorce Archives

A later-in-life divorce can lead to retirement issues

Getting divorced later in life can be problematic when it comes to retirement. The issue is simple, according to one financial expert. People have been planning and saving for decades. They expected to live off of all of their savings and benefits. With the divorce, assets are split up, and much of that can be lost.

Does that pension have a lump sum option?

You know that a Qualified Domestic Relations Order (QDRO) can be used to divide a pension after you and your spouse decide to call off your marriage. If your spouse is earning $5,000 per month, for example, you may be able to get a portion of that sent directly to you after the split.

Why is my prenuptial agreement invalid?

The creation of a prenuptial agreement prior to a wedding can save you and your spouse-to-be plenty of stress and heartache should you ever get divorced. This document can cover quite a bit of different items, clearly defining how assets will be divided upon your divorce. But, there are ways the agreement can be deemed invalid, which we will discuss in this post.

Wife wins court decision in divorce totaling $800,000

A court has ruled in favor of a wife in a divorce worth $800,000, according to reports out of Portland. The decision came from the Maine Supreme Court and it upheld a similar ruling from a lower court. The divorce involved a host of assets, including a lobster business based in Southwest Harbor.

How to prepare for a child support hearing

Child support is an emotional topic for thousands of people across New York. It can be a combative issue for many people as well. Child support hearings are important in determining how much child support will be paid, by whom, and how often. They will also determine how long the support will last.

Property valuation dates can affect your divorce in a big way

During the division of your marital estate, you need to make sure that the value of all your assets is carefully estimated. The date upon which a particular asset gets valued is referred to as the valuation date. The process of choosing valuation dates for your assets can be somewhat complicated.

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