Marital assets and debts are split 50/50 under this approach. Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin are community property states . Equitable ...

Read part one on my financial survival tips for the early days of divorce. In the midst of a life-shattering separation, it can be daunting to figure out how to financially forge ahead by splitting ...

Thus, plan administrators follow specific rules regarding treatment of 401(k) assets following a divorce. Some, for example, divide portions by percentages. Others split it in “shares.” ...

In such cases, the court may split these assets if it’s unclear that they were truly separate property. * Tax adjusting: Different types of property have different tax characteristics when split ...

There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the assets. Generally, couples split the ...

Darylle Goodfield got a firsthand demonstration of why it’s smart to seek financial advice in addition to legal counsel when getting a divorce. A month before she was ready to enter a final s… ...

Equal versus equitable split of assets in gray divorce. How your assets will be divided in a divorce depends on where you live, Vasileff says.

Getting divorced can be more than just an emotional experience; it can impact everything from your taxes to your monthly budget. If you're in the process of getting divorced, you'll no doubt have ...

If the funds are transferred before the divorce is final, Hook says, and the original owner of the IRA is younger than 59 one half, he or she will be subject to a 10% early withdrawal penalty. QDROs ...

In a divorce, the shared home often is sold, and the profits are split between both spouses. However, as an investor, if you have a large real estate portfolio to your name, you may have more to ...

After a divorce, how are our retirement accounts split up? Updated: Mar. 10, 2021, 9:30 p.m. ... s and IRAs have no notice of the terms of your divorce decree dividing these assets, she said.