401(k) Can Meet Divorce Cash Needs

Getting divorced and need cash? Often in divorce, there is a need for cash.  You might need to purchase a new home, move, pay attorney fees, pay college tuition, or any number of things.  Cash is often scarce.  An option for getting cash is from one the largest assets in many marriages, the 401(k) plan.  Did […]

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Attorney Retainers in Divorce

Save money in divorce Understanding how attorney retainers and fees work can save you money in your divorce! Everyone would like to save money in divorce and some things are in your control.  Today I was again reminded about how the average layperson does not understand the concept of an attorney retainer, which in Wilmington […]

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What is a Financial Affidavit in Divorce?

  There is a specific legal format for presenting financial information to in divorce court so that it is presented uniformly.  In most divorce cases, you and your spouse will have to prepare and file a “Financial Affidavit”.  (Note: Financial Affidavits are called different things in different states. For example, in New Jersey, it’s called […]

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Reviewing the W-2 for hidden assets in divorce

Wondering whether your spouse has disclosed all the compensation he or she is receiving? Employees are often compensated in ways that are not reflected in the deposit to the family bank account. It is important to ask for both pay stubs and past W-2s when investigating hidden assets. Employers will report assets such as contributions […]

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Lifestyle Analysis in Divorce

Why do you need a lifestyle analysis? In North Carolina, when considering the amount, duration, and manner of payment of alimony, the court considers 16 factors, one of which is the standard of living of the spouses established during the marriage.  If you’ve hired an attorney, one of the things he or she will ask […]

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How to make joint custody work in the summer

Thank you, Leah Villalobos, CDFA, for sharing this guest blog on such an important topic. Additional information about Leah can be found below. How to make joint custody work in the summer Coordinating schedules when you’re divorced and have joint custody of the children can be trying at the best of times. When summer vacations roll […]

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