Tag: ​Divorce

What You Need to Know About Restricted Stock Units (RSUs) and Divorce 

As part of the divorce process, both parties are required to complete a financial disclosure. This ensures both parties have a complete picture regarding finances. The financial disclosure includes details about all assets and compensation, including and Restricted Stock Units (RSU) grants. Before understanding how RSUs are divided in a divorce, let’s review a few basics. Restricted Stock Units  RSUs are one of many ways employers can provide employees with an opportunity to share in

Read More »

Dividing Qualified Retirement Plans in the Aftermath of Divorce

Splitting assets during a divorce can be an arduous task. To complicate things, the division of certain retirement savings accounts requires an extra step. DRO vs. QDRO Divorce proceedings often conclude with a domestic relations order (DRO) to lay out the division of retirement assets. However, assets from a qualified retirement plan, such as a 401(k), are covered by the Employee Retirement Income Security Act of 1974 (ERISA). These types of retirement plans have stricter

Read More »

Who Can Claim a Child as Dependent on Taxes After Divorce?

Divorce can be a trying life event, but add filing taxes into the mix, and most parents are running for the hills. Not to worry, by the end of this article, all of your divorce tax filing questions will be answered. Filing Status Let’s start with filing status. For couples going through the process of divorce, there are two filing options. When a divorce is pending but not finalized, the IRS still considers the couple

Read More »
blank

Get a Grip on Legal Jargon: Divorce Terms Explained

When facing divorce, you may find yourself overwhelmed with the legal jargon used throughout the process. Add this frustration to the mounting stress and heightened emotion, and you may be left making poor decisions. While our firm is here to help guide you through the process and answer any questions you have, this guide can help clarify some of the legal jargon you may encounter. Types of Divorce Irretrievable Breakdown of the Marriage This cause

Read More »
blank

Can I Change My Original Divorce Agreement?

Yes! Not only can you modify your divorce agreement, it is best to change it as your circumstances change. Divorce agreement modifications can address changes to child support, alimony, and custody arrangements. Either party can request a modification to reduce or increase support payments or to change parenting plan specifications. The status of your case, as well as the type of change requested, will determine how you facilitate modifications. One method is through a Complaint

Read More »
blank

Preparing For Divorce Mediation

Divorce is always a painful process. Splitting assets for its cash value is often a difficult end to a relationship that did not work out. Emotions run high, even in an amicable divorce. Being prepared is the best way to ensure both parties receive their fair share of the marital assets and debts. Listing shared properties of value, dividing properties with written evaluations by a neutral party and listing all goals for the divorce mediation

Read More »
blank

When mediation may be your best option in divorce

Divorce, while never easy, does not have to be an ordeal. For couples who wish to amicably end their marriages, there are a number of processes available that do not involve a combative mindset and are designed to minimize conflict in favor of compromise. One of the most common processes that aim for a more cooperative dissolution of a marriage is mediation. Mediation is the non-adversarial divorce process most familiar to the general public. In

Read More »
blank

What is mediation and is it right for you?

Each year, thousands of couples get divorced. Many of these cases end up in court, where a complete stranger decides how assets will be divided and where the children will live. But each year, thousands of cases settle out of court. By avoiding trial, couples are able to keep attorney fees low, reduce conflict, and be more satisfied with the final outcome. While some couples have little disagreement and are able to come to an

Read More »
blank

When to Modify Your Divorce Agreement

How long has it been since you terminated your marriage? Have your circumstances changed since then? While your divorce may last forever, your divorce agreement can change over time. There are many reasons to consider modifying your divorce agreement. Some examples include: a significant change in income that will impact child support or alimony payments a job change requiring a move needs of aging children the remarriage of the party awarded the alimony Child Support

Read More »
blank

How to Land on Your Feet After Divorce

Divorce takes a toll emotionally, physically, and mentally on everyone involved. It’s not uncommon for individuals going through a divorce to want to curl up in bed all day and abandon all responsibilities. As tempting as this sounds, it’s not practical. In fact, doing so can even make things worse. The first step to landing on your feet after divorce is finding acceptance. Just because you’re making the right decision to split up with your

Read More »

Get A Case Evaluation

We are happy to provide a consultation to all first time clients.

Please complete the form below and we will contact you.

Email us
close slider

Get A Case Evaluation

We are happy to provide a consultation to all first time clients.

Please complete the form below and we will contact you.

Call Now
Directions