Divorce is hard emotionally, but it can be extremely stressful for the non-moneyed spouse. Typically, this would be the stay-at-home spouse who sacrificed his or her own career to care for the home and children and support the professional aspirations of the working spouse. Quite often the working spouse also controls the finances. Therefore, the […]
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Following equity in the marital home, retirement plan assets usually represent a large chunk of the marital assets. Splitting the retirement plan assets is accomplished by using a qualified domestic relations order (QDRO). Depending on the type of plan, the ex-spouse of the plan participant rolls over her/his share of the retirement plan assets into […]