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Texas TRS Divorce: Navigating the Division of Benefits
-In Texas, dividing Teacher Retirement System (TRS) benefits in a divorce often involves the use of Domestic Relations Orders (DROs).…
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Your Divorce is Finalized, Don’t Forget These 5 Things
-You are officially single. When you’re going through a divorce, it seems like it will NEVER end. But whether this day calls for you to celebrate or grieve, you must continue to stay focused. Although you’re at the home stretch, you still need to do a few more things.
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Your First Holidays After Divorce
-So, you’re officially divorced. Now it’s time to worry about holidays and school breaks. Up until this point, you’ve spent all of the holidays and school breaks with your kids… every waking minute. And I’m sure the thought of you not doing that this year is heartbreaking. The first year is ALWAYS the hardest, and you might feel like things will never be normal again.
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3 Divorce Financial Steps You Should Take First
-Here are the first three divorce financial steps you should take before you begin the divorce process. While these steps seem small, they are practical and valuable first steps. They get your mind focused on your finances and keep your eyes on the future! You can get through your divorce!
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Is Your Attorney a Divorce Financial Expert?
-Finances play a major role in divorce. It is unreasonable to think that just because your attorney is an expert at family law they are also a divorce financial expert. How will they handle these types of situations? Will they ignore them? Try to muddle through? Or will they seek outside help? Here are a few questions to help you know how your divorce attorney may respond.
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Whose Side Is Your Divorce Attorney On?
-Before you decide to file for divorce, make sure you understand how the Family Court system works and how to protect yourself. Here are a few questions to ask your attorney to make sure that they are one of the “good guys”.
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What’s a QDRO – 5 Things to Know About Divorce and 401(k)s
-So, you’ve reached a settlement agreement with your spouse, and you’re now in the final stretch of divorce. Then your attorney or mediator leans over and says, “By the way, you will need a QDRO to split that account. And it is going to cost a little extra.” Wait, what? Are you serious? What even is a QDRO?”
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Understanding Your Divorce Settlement
-After all of the emotions and the tears, you’re still standing. The overwhelm of change throughout the divorce process didn’t defeat you. Now all you are facing is your new life. The only problem is you can’t see it quite yet. Knowing what is in your divorce settlement is one of the first things you will need to give you a good start in your new life.
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