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Divorce Retirement

Divorce is the formal legal dissolution of a marriage. The divorce process implicates many diverse areas of the law including, but not limited to, real estate, wills and trusts, child custody, and tax.
Fox Rothschild LLP

The Bucket List: Understanding Marginal Tax Rates

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We have been reading lots of literature about withdrawing funds from tax advantaged accounts like 529 Savings Plans, 401(k)s and IRAs and these articles casually mention the taxes imposed when those accounts are tapped...more

Fox Rothschild LLP

The N.Y.Times Offers a History Lesson in Retirement Anxiety

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The beauty of studying history is that it some times sews together a credible narrative. We have written a fair amount about America’s anxiety, both financial and political. But today’s podcast, an interview with Michael...more

Fox Rothschild LLP

America’s Retirement Anxiety

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There are times when even though you are in the middle of thorough research, you can miss the larger point. We have been writing a fair amount about retirement and it is relevant as we are seeing more and more “gray”...more

Fox Rothschild LLP

Yes, A 29 Year Marriage Warrants Open Durational Alimony

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Since the 2014 amendments to the alimony statute were enacted, we have seen this clutching at pearls and gnashing of teeth about what to do in long term (over 20 years) marriages when the payor is in her/his 60s. The...more

Fox Rothschild LLP

INCOME SECURITY & DIVORCE: Strange Bedfellows

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Every day there is another article published beginning with the ubiquitous question: “Can I retire if I have……………?” The blank piece is filled with all kinds of trivia. Can I retire if … - a. I am 55 and will have social...more

Fox Rothschild LLP

Watch an Equitable Distribution Unfold from the Front Row

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Much of the material we publish comes from Pennsylvania’s Superior Court. In most instances that court is reviewing trial court decisions based on whether the lower court committed an “abuse of discretion.” One of the...more

Fox Rothschild LLP

Divorce & Retirement: A Statistical Survey

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We live in a day when we are bombarded with theories, ideas and prognostications about retirement. It’s a vitally important topic and worthy of some careful study. Unfortunately, the quality of the material you find on line...more

Fox Rothschild LLP

Divorce & The Business of Roth Conversion

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We are reading a lot about if, when, and how people who have conventional IRA accounts should be evaluating whether to convert them to Roth accounts. For those who don’t live in this world, let’s take a minute to bring you...more

Fox Rothschild LLP

What About the 401(K) you had from that Company in Trenton You Worked for in 1991?

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Like it or not, “gig” work is becoming the norm and not the exception and a recent article published by CNBC proves the point. Earlier this month they reported that 20% of adults own what pension folks call an inactive 401(K)...more

Lowndes

Florida's Alimony Overhaul: New Legislation Changes Modification Standards

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On June 30, 2023, Governor DeSantis signed landmark legislation, which made sweeping changes to Florida’s alimony laws. Similar attempts have failed in prior years, including a veto by DeSantis of the bill’s predecessor in...more

Fox Rothschild LLP

Trial Court Applies Wrong Retirement Standard to a Pre-2014 Alimony Obligation

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I still hear people call the 2014 Amendments to the alimony statute “the new statute.” Almost 9 years later, it is no longer new. That said, since that time, there is still not a lot of law interpreting it other than several...more

Fox Rothschild LLP

Can Divorce & Retirement Be Compatible?

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The demographics of family life have changed a lot in recent decades. Young people are marrying less and later in life when they do. The number of young people interested in having kids is in decline. And older folks are...more

Kohrman Jackson & Krantz LLP

Separate and Marital Property: Who Gets What in the Divorce?

In 2019, the Amazon founder and former CEO, Jeff Bezos divorced his wife, MacKenzie Scott. Ms. Scott received almost $34 billion in her divorce settlement and became one of the wealthiest philanthropists in modern day. Ms....more

Obermayer Rebmann Maxwell & Hippel LLP

5 Reasons Divorce Is On The Rise For People Over 50

Retirement is supposed to be the “golden years.” Freed from the pressures of work, retirees are finally able to pursue their dreams – whether that means road-tripping across the country or relaxing on a beach or a golf...more

Cohen Seglias Pallas Greenhall & Furman PC

Asset Protection 101: Are You and Your Family Protected from Litigation, Creditors, and Divorce?

Presented by Cohen Seglias Attorneys Brian Lawton and Whitney Patience O'Reilly on January 23, 2020. It can take years to accumulate assets and increase the value of your business and investments. Unfortunately, without an...more

Cohen Seglias Pallas Greenhall & Furman PC

[Webinar] Asset Protection 101: Are You and Your Family Protected from Litigation, Creditors, and Divorce? - January 23rd, 12:00...

It can take years to accumulate assets and increase the value of your business and investments. Unfortunately, without an asset protection plan, you could lose everything or a significant portion of what you have worked so...more

Fox Rothschild LLP

You Know Why You Should Settle Your Retirement Alimony Case – Now What?

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Last week, I blogged about whether you should settle your retirement alimony case and the ingredients that might go into that decision. To be honest, this “why you should or should not settle” question is only the beginning...more

Fox Rothschild LLP

Should You Settle Your Retirement Alimony Case?

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There has been much ado about the new alimony statute. Obligors believe they are now in the driver’s seat when it comes to disposing of their alimony obligations. After all, the statute sends a message that alimony should at...more

Fox Rothschild LLP

Why Your Divorce Lawyer Should Be Talking About Retirement & Why You Should Be Listening

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It is axiomatic that divorce is an emotional process. Samuel Johnson summed up domestic life best when he wrote, “To be happy at home is the ultimate result of all ambition.” One of the great challenges of representing...more

Sands Anderson PC

If I Retire, Will My Spousal Support Be Reduced?

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The 2018 Amendment to Virginia Code § 20-109 - Provides No Assistance in Answering the Question - Long term marriages often result in spousal support awards that continue indefinitely. Long term marriages also mean...more

Faegre Drinker Biddle & Reath LLP

Supreme Court Decides Howell v. Howell

On May 15, 2017, the U.S. Supreme Court decided Howell v. Howell, No. 15-1031, holding that where a veteran waives retirement pay to receive service-related disability benefits, federal law preempts state courts from ordering...more

Lowndes

Three Simple QDRO Tips to Make Your Agreements More Enforceable

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The purpose of a settlement agreement is to resolve some or all of the outstanding issues in a pending case. In the divorce context, it is common for attorneys to use broad language in their agreements related to the...more

Burns & Levinson LLP

Gray Divorce: Retirement Accounts and Estate Planning

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DIVIDING RETIREMENT ACCOUNTS - There are important differences associated with dividing retirement plans that are already in pay status and those that are not. Some people divorcing later in life are already retired,...more

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