In order to assign all or a portion of a Qualified Retirement account to a non-employee spouse, it has to be stated in the divorce decree. A second document, the QDRO, must be completed and submitted to the plan for the division to take place.
Even if you feel like you are clear headed, here are a few of the most common money mistakes to look out for when getting divorced.
Analyzing your 1040 tax form to reveal some codes and definitions that can be very important in divorce.
The Tax Cuts and Jobs Act, announced on November 2, includes a provision which would eliminate the deduction given to those taxpayers who make alimony payments, also called spousal support.
It’s never too soon to begin teaching your children good attitudes toward money. Giving your kids an allowance begins to teach them to handle and value money.
An interview with Andrew Hatherley hosted by Murielle Fellous, founder of Date Like A French Woman. During this 60-minute video interview, Andrew presents advice and information on remaining financially healthy through and after divorce. Please Watch.
FREE eBook: 11 Things You Need To Do Now – In Divorce