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Divorce is a major personal and financial event for most people. Here’s some costly mistakes to steer clear of. ... When it comes to an order for a retirement plan such as a 401(k) or a pension ...
Financial issues following a divorce doesn’t have to be the reality, though. To avoid money problems, be sure to get familiar with the … Continue reading → The post Ohio Divorce Laws ...
Divorce not only dissolves a marriage but also leaves behind complex financial matters, particularly when it comes to debt. While some assume that the debt follows the person who incurred it, the ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
There must be a clear agreement, written or oral, by both partners stipulating the extent of financial sharing or support in order for palimony to be granted. Palimony cases are determined in civil court as a contract matter rather than in family court as in cases of divorce. [4] In the State of New Jersey, palimony cases are tried in Family ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
Getting divorced can take a toll mentally and emotionally, but it can also upset your financial plans. Hiring a divorce financial advisor is something you might consider if you're concerned about ...
7. Don’t overlook your own estate planning. Dealing with the aftermath of losing your spouse requires a lot of attention and time. But what not to do financially after losing a spouse is ...