What Happens to Pensions in a Divorce?
One common question people have when going through divorce, especially at an advanced age: is my spouse entitled to any of my pension? Typically, pension money earned by one spouse during the marriage is classified as a marital asset, just as retirement accounts like IRAs and 401(k)s are. Any money earned prior to the marriage… Read More »
Mistakes Commonly Made During the Divorce Settlement Process
As you’re going through a divorce, it’s understandable to want to get the whole process over with as soon as possible. However, you need to make sure you are looking out for your own best interests. The following are a few of the mistakes most commonly made during divorce settlement negotiations: Not even considering mediation…. Read More »