You have probably considered all of your assets before you even made the decision to file for divorce. But now that things have become more real and the end goal is in mind, you have to consider many other aspects – including your retirement accounts. Retirement accounts are generally viewed as marital assets and, because… Continue reading →
Posts Tagged ‘retirement accounts’
When Your Ex is Not Following the Divorce Decree
Divorce decrees, or judgments, are put in place by the court and must be abided by like any other court matter. If one spouse is not abiding by the order, the other spouse can take action and take steps to enforce the order. Some of the most common ways to violate the decree include matters… Continue reading →
Wills and Durable Power of Attorney for Health Care
When a couple wants to share property rights without getting married, they have a variety of options available that would allow them to legally make big life decisions together. Couples can have joint tenancies, cohabitation agreements, “living together” contracts, and wills. If a couple wants to have legal grounds to make life decisions together, especially… Continue reading →
Divorce and retirement accounts
I have been asked many times about what happens to 401(k) plans, pensions and other retirement accounts in a divorce. When it comes to marital assets, a retirement account that is involuntary or directly deducted from your paycheck will be one of your most substantial marital assets – other than your marital home. As a… Continue reading →