How are Retirement Accounts Handled in Divorce? Retirement accounts are treated as marital (or community) assets in divorce and must be divided in an appropriate way as part of the settlement process. On the su
Spending for a Graduation Gift The amount you should give depends on the recipient's grade and age, your relationship with them and your budget. Erica SandbergMay 29, 2025 Financial Steps to Take During A Divorce Your life is likely plenty complicated at the moment, ...
A prenup is a legal arrangement made by a couple before they marry or enter a civil partnership, which sets out plans for how their assets should be divided if they divorce or have their civil partnership dissolved. They are not legally binding, but thanks to a landmark ...
Provides information on the Anderson versus Seaver court case on the condition of individual retirement accounts in a debtor's bankruptcy estate. Limitations of the Bankruptcy Appellate Panel for the Eight Circuit in the U.S. concerning the case; Significance of the decision of the panel in the ...
Property Division Attorney for Divorces in Raleigh, NC It is likely that you and your spouse acquired many assets during your marriage. A home, cars, furniture, stocks and pensions are examples. In a divorce, these marital assets will need to be divided. In North Carolina, this division can...
If you are a non-custodial parent but you still satisfy all requirements except for sharing a home with the child, you’re probably eligible to claim the child as long as your separation agreement or divorce decree does not preclude you from doing so. However, the custodial parent has to ...
Are we headed for a recession? Only time will tell, but it’s a good idea to get your finances in order now. Maryalene LaPonsieandTanza LoudenbackMay 5, 2025 Debt Relief: What Are Your Options? Debt relief mainly refers to debt settlement services, but there are other ways ...
the courts will try to award each partner an equal amount of the property or the proceeds from the sale of the property. Each divorce case is different in terms of the property to be divided, and it is not unusual for assets such as businesses and recreational homes or equipment to be ...
Any initial division of property resulting from divorce is usually considered a tax-free exchange of property by the IRS. The recipient takes on the basis of any property received and pays no income tax upon its transfer. Any type ofindividual retirement account (IRA)or retirement plan transferre...
If your annuity is for a set term and you die before the payments run out, your surviving spouse or any other beneficiary you name will receive the remaining money. How Can I Protect My Annuity in a Divorce? Some nonqualified annuities might be able to get divided up in a divorce. Howe...