What is a QDRO?
A Qualified Domestic Relations Order (or QDRO, pronounced "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce which divides a retirement plan or pension plan by recognizing joint marital ownership interests in the...
Divorce Noise
I remember talking with my friends (many of whom had been divorced) and wanting them to understand how my experiences left me feeling afraid and alone. I wanted to not feel so alone. After so many calls and conversations, I’ve made lists and lists of what I’ve heard being said and I want to share some key takeaways with you. I hope it will help you “cut through the divorce noise
Ten Financial Pitfalls for Women in Divorce
During divorce, many women are concerned about financial survival—and with good reason. Studies show after divorce, the wife’s standard of living may drop almost 73% while the husbands may increase by as much as 42%. Many factors combine to lower a women’s standard...
First Holiday Season After Divorce
Your first Christmas or other major holiday after divorce can be tough, and it will no doubt be different. I still remember my first Christmas without my child. I was able to negotiate having my child for the very first Christmas after divorce, but the second one was...
You Don’t Get a Do-Over In Divorce
One of the biggest reality checks for those in divorce is you do not get “do-overs”. Once the estate has been divided, it is divided. Once decisions with minor children have been made, they are made. Sure, you can always spend thousands of dollars to go back to court...
Health Plans – Open Enrollment & Divorce
If you work for a company which offers health insurance you probably already know about open enrollment. Updates you choose during this time period will determine your health, dental and vision insurance for the upcoming year and your tax savings in deductible...
Divorce Myth Busters
When going through a divorce, everyone seems to have an opinion - your mother, your father, your aunt, your cousin, your brother’s uncles’ friend, your dog, and anyone else who happens to find out you are getting a divorce. You will likely hear a lot of stories,...
Dividing Annuity Assets in Divorce
Dividing community property, or property jointly owned by a married couple, can often be a complicated process, with your financial options dictated by potential tax implications. While some things may be easy to divide, others are not. Some belongings are...
What does Divorce Mediation Involve?
In Texas, divorce mediation is a confidential process where a neutral third person (the mediator) helps divorcing couples reach a divorce settlement. The mediator facilitates communication between the parties to promote settlement and understanding between them....
Divorce and Retirement Accounts
The valuation and division of retirement accounts in divorce is more complex than most divorcing couples expect. We frequently see people after the fact who wish they had known better before they signed papers to finalize their estate division. The details are...