A QDRO is a court order that judges use to split up certain types of retirement plans, like a 401(k), into two equal parts for a divorcing couple. Not every retirement plan, however. You’ll usually need to get a QDRO if you and your spouse share the following financial retirement plans: A private pension plan….
Getting divorced is expensive. In fact, there is almost no such thing as a cheap divorce. Whether you’re going to pay alimony or receive it, it’s probably safe to say that most partners ending a marriage will soon feel as if they’ve taken a financial beating. Even if the breakup is amicable, splitting assets isn’t…
If you’re getting ready to tie the knot, the thought of a prenup may have you tied in knots. But many divorce attorneys suggest that getting a prenuptial agreement, a legal document that determines how assets will be divided and protected in the event of a divorce, is a smart financial decision. Pro: A prenup…
Prenups exist for a reason – to protect an individual’s assets in case of divorce – and some couples do get them. So for the sake of argument, is a prenup a good idea? Should you ask the man or woman you’re planning on marrying for a prenup – or save some time and just…
STAY INFORMED & MODEL GOOD BEHAVIOR To best ensure the safety of your children, it is important that you monitor and stay up to date on the latest developments regarding COVID-19 via reliable news outlets. Adhere to all CDC and local/state recommendations by maintaining social distancing, washing your hands regularly and disinfecting surfaces and frequently used…
If you are going through divorce, your filing status depends on whether you are still married at the end of the tax year. If you are, then you and your spouse can agree to file jointly, or you can file as head of household if you qualify (more about that later). If the divorce is…
Family Law Corp, P.C. is honored to announce that out of 342 Divorce Lawyers serving Philadelphia, Family Law Corp., PC has been picked as one of the Top Divorce Law Firms among the Top 19 Divorce Lawyers in Philadelphia, PA. Family Law Corp. PC is a Philadelphia-based firm providing consultation and representation to clients desiring…
A burial plot is treated for most purposes as being unlike any other piece of real or personal property. One does not own the actual land where the burial plot is. One only buys the right to be buried in the burial plot so long as the cemetery remains a cemetery. The right to be buried in…