Your retirement accounts, such as 401ks, are typically safe in bankruptcy and cannot be used to pay creditors. Traditional IRAs and Roth IRAs are protected up to a limit (currently more than $1 million). However, a U.S. Circuit Bankruptcy Court of Appeals recently ruled that when retirement assets are divided in a property settlement in […]
Alimony or spousal support is common in divorces where the payee spouse may have lower or no earnings than the payor spouse. States use their own formulas for calculating the statutory spousal support. Additional facts and circumstances may affect the final amount, such as payee’s prospects for getting employed, variability of the payor’s income, etc. […]
Andrew Samalin has been asked to speak at the 2018 ADFP Catalyst Conference in San Diego, CA. His presentation will cover Creating Liquidity Solutions with Illiquid Real Estate Assets as well as other related topics. This year the Academy of Professional Family Mediators will host its 6th annual conference in conjunction with the […]
As a business owner, you are most likely familiar with insurance products that will protect your assets and your employees. However, have you thought about how to protect your business from a divorce? Whether you created your business before your marriage or during your marriage, you should consider ways to protect it by means such […]
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