Wendy K. Tse, a family lawyer in California, explains how one can protect spousal support payments from ending with the payor’s death or disability.
Pensions and Retirement
5 Things to Watch for When Splitting Finances in a Gray Divorce
While many are familiar with the dreaded seven-year itch, it turns out that more Americans are getting divorced even later in life than ever before.
WATCH: What should I do if a DCPP investigation is dragging on with no end in sight?
WATCH: My DCPP caseworker has lied in court documents can I sue her?
My DCPP caseworker has lied in court documents can I sue her?
Can An Attorney Be Sued For Not Filing A QDRO Quickly?
Tim Voit, a financial analyst in Bonita Springs and Fort Lauderdale, answers: Yes, as there are a number of liability issues surrounding QDROs. Not only are poorly drafted QDROs at issue, but simply not following through on implementing a QDRO for a client can lead to problems. In a case stemming from Delaware, a client […]
How Can My IRA Be Transferred To My Spouse?
How can my IRA be transferred to my spouse? Do I have to pay penalties or taxes on the transfer?
Do I Need A QDRO? If So, Who Prepares This Document?
If you are dividing a 401(k) or pension as part of equitable distribution in your divorce, then, yes, you will likely need a QDRO. A QDRO is an acronym that stands for Qualified Domestic Relations Order. The QDRO establishes your soon-to-be ex-spouse’s legal right to receive a designated percentage or portion of your qualified plan […]
Can I Receive Social Security If I Have Never Worked?
Roderick C. Moe, a Certified Public Accountant in Lake Worth, answers: If your spouse worked and you have been married for 10 years or more, then you are entitled to one-half of your spouse’s Social Security or your own – whichever is higher – even if you are divorced. Your spouse still retains 100% of […]
What Is A QDRO And Why Do I Need One For My Divorce?
Roderick C. Moe, a Certified Public Accountant in Lake Worth, answers: A QDRO (or Qualified Domestic Relations Order) is the legal document that separates a qualified pension or retirement account (including 401ks) pursuant to a divorce. The judgment of divorce is not sufficient to separate qualified plans: a QDRO is needed. There are many nuances […]
Will I Be Able To Receive Half My Ex’s Social Security If I Remarry?
My career was raising the kids. My attorney mentioned I would be entitled to Social Security benefits via my ex-husband’s record. How does this work? Will I still be able to receive one half of my ex-spouse’s Social Security benefits if I remarry?
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