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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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The Most Common Divorce Money Mistakes
-Overwhelmed with everything going on in your divorce? Here are the most common divorce money mistakes to be on the lookout for.
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Don’t Let Keeping the House After a Divorce Bankrupt You!
-During a divorce, it is easy to reach for anything familiar, for stability in these moments. It is normal to want to keep the house in a divorce—to cling on to some piece of normalcy. It makes perfect sense. It’s the place you’ve called home. It may have been one of the only constants in your life. But while your desire may be for stability, keeping the home after a divorce may be a costly misstep.
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Divorce Resources for the Emotions Rollercoaster
-Let’s face it. Divorce is hard. When you’re going through a divorce, it seems like every day you’re on an emotional rollercoaster that you can’t get off. One day, you’re feeling sad, angry, or bitter. The next, you’re feeling lost or lonely. The Divorce Rollercoaster of Emotions is not something you want to go through alone, nor should you! There are divorce resources that can help.
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How Do You Break the News of Divorce to a Spouse?
-So you have made the difficult decision to end your marriage. How do you tell your spouse? As much as we don’t like being the bearer of bad news, there is always someone else who will be on the receiving end of this news. Remember that.
Here are a few other tips to keep in mind.
