Disempower Your Ex-Spouse
In the past two blogs I addressed a law in New York that provides for the revocation upon divorce of dispositions to a former spouse under a will as well as beneficiary designations found in [...]
Change Your Beneficiaries Post Divorce!
A few years after Paul’s second marriage ended in divorce, he retired and when he did he met with a financial planner to plan his retirement. He set up a retirement account and named his [...]
The Real Cost of an Affair
A couple of weeks ago, I helped Christine and Allen reach a settlement agreement that seemed to be very fair to each of them. The truth was that this young couple had little to divide [...]
Prenuptial Agreements – How to Protect Your Children
Many people are concerned that having a prenuptial agreement prepared prior to being married is going to create an adversarial relationship with their new spouse. However, having a prenuptial agreement prepared is probably still a [...]
Take it from the Judge: The Courtroom is no place for a Family!
I read with interest a statement by Minneapolis Family Court Judge Bruce Peterson who offered that it was “time, perhaps, to get courts out of divorce.” In an editorial published for the Minneapolis Star Tribune, [...]
Can You Afford to Leave?
In a recent blog I talked about a client who was worried that he would be “charged” with abandonment if he left the marital home before he had a legal separation or divorce. I outlined [...]
Legal Advice Part 2: Well-Meaning Friends and Family
I recently had a couple come to me where the husband said, “My wife and I aren’t getting along and there’s a lot of strife in the house so I’d really like to leave. But [...]
Traditional vs Roth IRA
Although December 31st has passed, you still have until April 17, 2012 to make a contribution to an IRA for the 2011 tax year. But should you contribute to a Traditional IRA or a Roth [...]