The Massachusetts Alimony Reform Act of 2011, which did away with permanent alimony in the state, was hailed as a national model when it passed. Recently, the Massachusetts Supreme Court issued three key decisions regarding the termination of alimony upon retirement or cohabition.
Divorce is often a complicated, confusing, and scary process. That uncertainty can be magnified when one spouse is serving in the military. Military families going through divorce face a unique set of challenges. There are specific rules and laws regarding jurisdiction, child custody, calculating child and spousal support, division of …
Question: I am 62 years old and am paying permanent alimony. I am paying nearly $1,500 per month and don’t think I will ever be able to retire. Is there anything I can do to modify or terminate my alimony payments?
Tax season is in full swing. If you’re newly divorced, you likely have a lot of questions about filing your taxes. Divorce can certainly complicate an already tricky process. Here are seven frequently asked questions regarding taxes and divorce:
Cordell & Cordell, along with its sponsored sites Dads Divorce and Men’s Divorce, present a news video for the week of January 30, 2015. This week, Cordell & Cordell Principal Partner Joe Cordell contributed a new article in his column for Financial Advisor Magazine detailing two subjects where financial advisors can be helpful …
Question: My ex-wife receives 25% of my monthly retirement pay, but she recently told me I could keep all my retirement if I bought her out for $50,000. Is this possible, and if so, what do I have to do?
Question: How will my pension and retirement benefits affect my child support order? Is my government pension not allowed to be factored into child support? I have one child who will have reached the age of emancipation by the time I retire and another child who will turn 18 after …
Question: I have been divorced for years, but my ex-wife has petitioned to start receiving my retirement benefits even though I am at least another five years away from retiring. Is there any way I can defend myself from this?
Question: My ex-wife’s retirement was never addressed during the divorce. Since it was not addressed, is it still considered an open issue and I can come back years after our divorce with a claim to a portion of the account?