I came across a good article today that outlines how different retirement benefits could be divided in the event of a divorce. Here is a brief rundown of some of the topics discussed: What to do before you divorce – Get a copy of the summary plan description from the employer How to split up … Read more
A common dilemma for many divorcing couples is how to handle the house. In most cases, this is the largest asset that must be divided, and the mortgage is often the largest debt to be divided. With the recent housing bubble, many couples have seen their house plummet in value, leading to decreased equity and … Read more
As tax day has now come and gone, it probably would have been better for me to have written on this topic several weeks ago, but as I was hard at work on my own taxes, I didn’t get a chance to! So, perhaps you will come across this post in 2011, before you file … Read more
The short answer is yes, and the long answer is it depends. In North Carolina, you must be separated for at least a year before you can obtain a divorce. During this time, many people will want to purchase a new home – but I would caution you against this unless you are confident it … Read more