Older couples going through a divorce often face some unique, age-related issues along the way, such as health concerns, retirement, and greater emotional impact. In late-life divorce, it is important to consider the fact that you will have less time to recover financially afterward. If you are getting a divorce after 50, or are considering… Continue reading →
Posts Tagged ‘retirement plan’
Splitting a 401(k) in a divorce
The divorce rate for Americans over 50 is at a record high. Employer-sponsored retirement plans comprise a large portion of the wealth of this age group. Because California is a community property state, the division of marital property must be done fairly between both spouses. It is important to understand the rules that govern the… Continue reading →
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