By Christian D. Barnard Divorce lawyer, Cordell & Cordell A client recently came to me for financial advice on divorce concerning his wife perhaps trying to shield assets through a Social Security Offset. A Social Security Offset is a reduction in the value of pension benefits subject to equitable distribution …
CONTINUE READINGretirement
Can You Modify Alimony If You Retire?
By Daniel Exner Divorce Lawyer, Cordell & Cordell If your state does not have a time limit on how long alimony lasts and are wanting to retire, you should file a motion to modify immediately. This is because, depending on the court, there may be an issue with the reduction …
CONTINUE READINGMoney Made Easy: 401k vs. IRA
Financial adviser Dan Danford explains the major differences between a 401k plan and an IRA. In this edition of Money Made Easy, Danford, CFP®, CRSP®, MBA, of Family Investment Center, offers the pros and cons of both options and which one might be better for you and your family.
CONTINUE READINGMoney Made Easy: Should You Change Your 401K Based On The Market?
The volatile stock market has many worried about how their retirement accounts and 401k’s are performing. In this edition of Money Made Easy, financial adviser Dan Danford addresses stock market fears and whether you should make changes to your 401k plans based on the market’s performance. Danford, CFP®, CRSP®, MBA, …
CONTINUE READINGMilitary Divorce: Is She Entitled To My Military Disability Pension?
Question: I am a 100% disabled military veteran who receives a pension and does not work. Is my soon-to-be-ex-wife entitled to any of this military disability pension money I receive on a monthly basis?
CONTINUE READINGCan You Appeal A Judge’s Ruling On Alimony?
Alimony Question: My soon-to-be-ex is terminally ill and was ill at the time she filed for divorce. Because of her condition, I have been ordered to pay alimony and all of her bills, including some medical costs, which have a current outstanding balance of almost $50,000. Now the judge has …
CONTINUE READINGFinancial Advice on Divorce: Dividing Military Retirement Pay
Question: I’m looking for financial advice on divorce regarding the division of my military retirement. My ex-wife is getting part of my military retirement pay because we were married for part of the time I was in the Navy. We have both since remarried to other military members, and I …
CONTINUE READINGHow To Re-Open Property Division Settlements If Your Wife Hid Assets
Question: I need some financial advice on divorce. During our divorce, my wife said it was impossible for her to find out how much money was in her retirement account, so we left it alone. I recently discovered that she can find out the exact amount and it is substantial. …
CONTINUE READINGFinancial Advice On Divorce: Trading Home Equity For 401K
Question: I am looking for financial advice on divorce in regards to a proposed property settlement from my wife. She intends to keep the marital home. In exchange, she wants to trade home equity for my 401k on a dollar-for-dollar basis. Since one is post-tax and the other is pre-tax, …
CONTINUE READINGFinancial Advice On Dividing Retirement Plans In Divorce
Question: I need financial advice on divorce and how my retirement assets will be divided. I have taken early retirement and those payments are all I have to live on. Is my wife entitled to any of my retirement and pension accounts since those are currently my only sources of …
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