Financial Division During Military Divorces

By Tara N. Brewer Special to DadsDivorce.com One of the main anxieties during a military divorce is how the financial benefits are divided. Military pensions require no minimum age and increase with the cost-of-living for the next 40 years, according to a Wall Street Journal article. The military doesn’t provide …

Money Made Easy: Are You An Aggressive Investor?

Forget rules of thumb when it comes to determining your aggressiveness in investing, according to financial adviser Dan Danford, CFP®, CRSP®, MBA. A reader submitted a Money Made Easy question to Danford asking if the rule of thumb of limiting your stock percentage to 110 less your age makes sense …

Dividing Retirement Assets If The Divorce Agreement Is Silent On The Issue

Question: In drafting our divorce settlement agreement, neither my wife nor I have discussed retirement assets. If our divorce agreement remains silent on the issue of division of retirement, do we each just keep our own retirement accounts or do we each automatically have rights to half of the other …

How Much Of My Military Retirement Does My Wife Get?

Question: My military divorce question is about division of military retirement plans. I am a retired member of the U.S. Army and have been in the military for decades, including many years before I got married. My estranged wife says she is entitled to 50% of my military retirement. Is …

Child Support Modification When The Recipient Spouse Retires

By Daniel Exner Milwaukee Divorce Lawyer If you are paying child support and your ex-wife retires, will you have to pay more child support because her income is lower? The general answer to this common child support question will depend on your current child custody schedule and the recipient spouse’s …

Financial Advice On Divorce: Dividing Retirement Plan Benefits

Question: I’m looking for financial advice on divorce on how to divide the benefits of my wife’s retirement plan. My wife receives larges bonuses at the end of the year. She says that if she has to roll half of her retirement over into a retirement account for me, upon …

How Is Alimony Determined When You Are Set To Retire?

Question: My divorce question is about the determination of alimony when someone is nearing retirement. I sold my small business a few months ago that resulted in a much larger than average income for this past year. I’m intending to retire off of that sale. My income going forward will …

Should I Stop Putting Money In My 401k Before A Divorce?

Question: I need financial advice on divorce on how to protect my assets and 401k. I think we are heading to divorce, and I assume I am going to need all the extra money I can to afford the best divorce lawyer. I was considering stopping my contributions to my …

Marital Property Division After Divorce Is Finalized

Question: How is marital property division handed after a divorce has been issued? My ex-wife is threatening to sue me to claim part of my retirement benefits. If there is a money judgment against me, can my ex-wife go after my current wife’s assets to help satisfy the judgment?

Dividing The Declining Value Of A 401k

Question: My financial advice on divorce question has to deal with delays in withdrawing 401k money post divorce. My ex-wife was awarded the right to claim 50% of my 401k. The value of my 401k account at the time of my divorce six years ago was $100,000. The current value …