What mistakes might a financial professional make that doesn’t focus his practice on divorcing clients?
Financial Issues
Podcast: Asset Division, Child and Spousal Support in Pennsylvania
David Ladov & Robert Whitelaw, two Pennsylvania family lawyers discuss asset division as well as child and spousal support in Pennsylvania.
What financial information should I collect for my divorce?
Megan Stirrat, a wealth management advisor in Irvine, answers: The first financial shock to face is the cost of the divorce itself. You’re already splitting assets; when you add a messy divorce with high legal fees, it becomes a considerable financial and emotional drain. It’s vital to have someone on your side who has a […]
How is marital debt divided in New Jersey divorce cases?
Rosanne DeTorres, a family lawyer in Flemington, answers: Debts are not uncommon at a time of divorce. Often times this is what may instigate the problems that lead a couple down the road to separation. Debts are usually divided in a manner that approximates the parties’ respective earnings ability and ability to pay. However, we […]
If my husband doesn’t report all of his income, can I be held responsible by the IRS?
I know that my spouse has not been reporting all of the income he earns on his tax returns, and given that we’re now divorcing I’m wondering if I might be responsible in the future if the IRS finds out?
What do I need to know about Ontario pension valuations?
Gord Krofchick, a forensic accountant, fraud investigator, and business valuator in Toronto, answers: Legislation passed by the Ontario legislature in January 2012 has resulted in a dramatic change in the way pension assets are valued and divided between divorcing couples in Ontario. The new rules – formally known as Bill 133 – only apply to […]
Will my husband’s insurance still cover me after we divorce?
After my divorce will I still be covered by my husband’s medical insurance that he gets through his work?
Is my ex entitled to part of my pension after we divorce?
Will my spouse be entitled to some of my pension after our divorce? If so, can I prevent this?
What is a QDRO (Qualified Domestic Relations Order)?
Your mediator or your attorney has told you that a QDRO comes next, and it can be a long process. As QDRO preparation experts, we frequently receive calls from divorcing parties asking us to explain what a QDRO is, what happens if they do not have a QDRO prepared and why the QDRO process would possibly take 6 to 8 months, or even longer. Here are some answers for these QDRO questions.
If I file for divorce, how can I protect certain assets from my spouse?
To protect assets, you should understand how property works in New Jersey. In the State of New Jersey, there are two types of ‘property’; Separate Property and Marital Property. Marital Property is defined as all property acquired during the course of the parties’ marriage. Both parties’ incomes earned during the marriage are marital. Retirement assets […]
Follow Us on Social Media