Funding a 401(k) can be a smart decision for a successful professional. The resources set aside in a tax-deferred retirement savings account can help augment pensions and Social Security retirement benefits. The use of a 401(k) can also help limit tax liability...
Most people have to work hard for their money and many may have experienced a scarcity of it at some point in their lives. So it is understandable why it can lead to disputes between married couples who must share their finances. A recent study found that 25% of...
Being married to someone in the military isn’t an easy journey. The stress of serving the country can sometimes come home with the servicemember. There’s also the life upheaval that comes with having to move because of order changes. All the issues that come with a...
Navigating debt during a divorce can be challenging, especially under California’s unique community property laws. Understanding how debt is handled in a California divorce is crucial for protecting your financial future. Let’s look at different types of debt and how...
Marital assets can get complicated during a divorce. Couples are supposed to split up the things that they own together. These could include tangible assets like a house and financial assets like a bank account. There are two different ways in which people will...
If you ask people about divorce rates, there are a lot of pieces of misinformation going around. Some people will adamantly claim that the divorce rate is 50%, saying that “half of all marriages end in divorce.” Others will claim that the divorce rate is constantly...
Military divorces are notorious for being more complex than most civilian divorces. Factors ranging from deployment to custody plans for minor children can require careful consideration when military couples divorce. Sometimes, the benefits of military employment...
As much as financial openness is required during divorce, it is not guaranteed. You should not sit back and assume your spouse will be financially transparent and the divorce settlement will be fair. They may attempt to hide assets for various reasons. It could be due...
Before you begin negotiating or litigating the terms of your divorce, it's important to set clear priorities. Establishing what matters most to you proactively can significantly impact the outcome of your situation and better ensure a smoother process. Divorce often...
During the summer vacation, many parents want to take trips or travel with their children. This is true both for married and divorced couples, but it can be more complicated for divorced couples because they have a custody schedule in place – and it’s very important...