The Hidden Costs of Homeownership
Friday, Aug 23rd 2024 | Mary Salisbury | Divorce
Due to record low interest rates over the last decade, many people were able to buy a home that was both large and affordable. When couple’s divorce, in my experience, one spouse almost...
Health Savings Accounts (HSAs) and Divorce
Friday, Aug 2nd 2024 | Mary Salisbury | Divorce
A Health Savings Account (HSA) is a type of savings account that allows you to save money on a pre-tax basis to pay for qualified medical expenses. To be eligible to contribute to an HSA,...
Income for Child Support Is Usually More...
Friday, Jul 19th 2024 | Mary Salisbury | Divorce
In North Carolina, as in most states, what is included in gross income for purposes of calculating child support is all encompassing. It includes all gross income, not net of taxes and...
How Separate Property in a 401(k) Plan Is...
Friday, Jun 28th 2024 | Mary Salisbury | Divorce
When a couple marries and at least one spouse has been contributing to the company 401(k) plan, in NC and many other states, the account balance as of the date of marriage PLUS gains or...
I Do Not Want To Lose My Low Mortgage...
Friday, Jun 7th 2024 | Mary Salisbury | Divorce
One of the biggest stressors in divorce is affordable housing. Most couples do not want to lose their existing low mortgage interest rate, which is usually below 3.5%. I totally get...
VA Disability Pay Reductions of Divided...
Friday, May 3rd 2024 | Mary Salisbury | Divorce
In divorce, a share of “disposable retired pay” can be paid (pursuant to a court order) for as long as the retired service member receives monthly payments. “Disposable retired pay” is...