Blog
Social Security: How does it affect your divorce financial planning?
When it comes to figuring out your future finances after your divorce is final, a Certified Divorce Financial Analyst is trained to look at the big picture. That’s why an individual's Social Security Statement can be a valuable resource in your divorce financial...
Remarriage and Spousal Support: Think about this before you say “I do”
If you’re wondering how a remarriage after divorce can affect spousal support, you’re wise to think twice before making a commitment. The remarriage of the payer has no effect on spousal support orders, however most divorce settlements do terminate spousal...
Will the IRS Alimony Recapture Rule Affect You?
What is Alimony Recapture? Wealthhow.com defines Alimony Recapture as “chiefly a situation or a probability that the payment of alimony has been reduced from the required amount or have stopped or terminated in the first 3 consecutive calendar years.” What does this...
Financial Strategies to Consider in Every Divorce Case
When it comes to divorce and financial planning, every case presents different challenges, opportunities and client goals. No two negotiations are the same, but some financial strategies during divorce are important to consider in every case. IRS rule 72(t)...
Can Spousal Support be Changed? The Answer Might Surprise You
Did you know you can go to court and ask the judge to increase, decrease, or stop spousal support any time during the period when court has jurisdiction unless you agree otherwise in your settlement? In most states the court will retain jurisdiction over spousal...
The Deposition: What it is and when you need it
What is a deposition? According to FindLaw.com, “The deposition has two purposes: To find out what the witness knows and to preserve that witness' testimony. The intent is to allow the parties to learn all of the facts before the trial, so that no one is surprised...
The 12 Steps Involved in Obtaining a QRDO
The QDRO process can take months to complete making it very important to get the process started as soon as possible. Here is a timeline of the process you should expect when filing a Qualified Domestic Relations Order. An attorney experienced in drafting...
What is a QRDO and Why do You Need One?
Retirement plans such as 401(k)’s and defined benefit pension plans are often among the largest assets to be divided during the division of a martial estate. Many of these plans are governed by a set of federal laws known as the Employee Retirement Income Security Act...
Dear Cross Roads: I have a question about my IRA transfer…
Cross Roads Divorce Advisors, I just finished going through a divorce and I’m wondering…can an IRA be transferred to or from my former spouse? Thank you, Recently Single Dear Recently Single, That’s a great question and the answer is YES. Many divorce settlements...
Post-Divorce Life: Tips on living with less money
If you’re currently working through a divorce and are worried about how to live within your means now that finances have been split, you’re not alone. ThePennyHoarder.com says, “The true cost of life after divorce includes everything from establishing separate...
Contact
Cross Roads Divorce Advisors LLC
498 Wando Park Blvd
Suite 600
Mount Pleasant, SC 29464
USA
(585) 542-2382 (Direct and Fax)
(843) 212-2085 (Direct and Fax)
lfalvo@crossroadsdivorce.com
