Search Results for: divorce – Page 35

Defined Benefit vs Defined Contribution Retirement Plans

Defined Benefit vs Defined Contribution Retirement Plans – You’re probably asking yourself, “Why in the world would we write about retirement plans in a family law blog?” Well, when it comes to the just and right division of property between divorcing spouses, the type of plan one or both spouses participate in affects how benefits…

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What In The World Is A QDRO?

What In The World Is A QDRO? The courts divide and confirm qualified private retirement benefits in much the same way they do marital property or community liabilities. There’s a discovery process followed by detailed characterization and valuation of the benefit plan, which then allows the court to divide everything in a just and right…

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4 Factors Affecting The Division of Community Liabilities

4 Factors Affecting The Division of Community Liabilities –  When two people are getting divorced, the process of dividing community debts is treated the same as the court’s overall just and right division of the entire community estate. How that is accomplished, however, can depend on four key factors. First thing’s first: If you didn’t…

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Dividing and Confirming Liabilities

Dividing and Confirming Liabilities – Just as a court has the authority to divide and confirm marital property, whether real or personal, it also has the say so in how spouses’ liabilities are divided and disposed of. This article will describe that process. But first, what are liabilities? Liabilities are debts that you owe to…

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Summary of Common Family Law Terms (Vol. VI)

Summary of Common Family Law Terms (Vol. VI) – We have discussed a great deal of family law terms over the last year or so. Now it is time to take a brief timeout to look back on a some of the more noteworthy concepts. I do this periodically because it’s not like this is…

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Transferring Securities – Personal Property Between Spouses

Transferring Securities – We have reached the end of our five-part blog conversation on the many rules divorcing spouses need to keep in mind when transferring ownership of differing types of property. If you’ve been following along, you know by now this process is not as simple as handing a vehicle, life insurance or a…

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Transferring Personal Property Between Spouses – Life Insurance

Transferring Personal Property Between Spouses  – Life Insurance Transferring Life Insurance – This is the third installment of a five-part blog series on transferring personal property between divorcing spouses. The first blog discussed the steps involved in transferring ownership of financial instruments (i.e. bank accounts, etc.) while last week’s blog dove into transferring ownership of…

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Transferring Personal Property Between Spouses – vehicles

As we discussed in last week’s blog, transferring personal property between divorcing spouses is not as simple as handing that property over to your spouse and walking away. Perhaps the property in question is in your name only, or in the name of both spouses. Maybe the property has a lien against it. Whatever the…

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Transferring Personal Property Between Spouses – financial instruments

Transferring Personal Property Between Spouses  – financial instruments When personal property is awarded to one spouse in a divorce decree, the answer is not always as simple as handing that property over to your former spouse and walking away. Perhaps the property in question is in your name only, or in the names of both…

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What’s The Difference Between Real And Personal Property?

What’s The Difference Between Real And Personal Property? When you search for the word “property” on the Internet, you’ll likely come across the terms real property and personal property. Understanding the differences between these two property types is important. Real Property When someone mentions real property, they’re talking about a family home (along with any…

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