Homeowners Insurance and Divorce
Friday, Mar 8th 2024 | Mary Salisbury | Divorce
Often after the divorce is final, people are too emotionally exhausted to address, or immediately address, all the details and tasks that must be handled. Checking that the homeowner’s...
What Happens to the Escrow Balance Upon...
Friday, Jan 19th 2024 | Mary Salisbury | Divorce
After you purchase a home, your mortgage lender will establish an escrow account to pay for your taxes and homeowners’ insurance. Each month, your mortgage servicer takes a portion of...
Can I Assume the Mortgage on the Marital...
Friday, Jan 5th 2024 | Mary Salisbury | Divorce
Rising interest rates, coupled with the fact that almost everyone either bought or refinanced their homes at historically low interest rates, are adding another layer of complexity for...
Complications With Dividing 401(k) Plans...
Friday, Nov 17th 2023 | Mary Salisbury | Divorce
Often, a spouse’s retirement plan account must be divided in divorce. Pensions are much more complicated to divide, and that is a subject for another article. 401(k) type plans are...
FERS Supplement and Division in Divorce
Friday, Sep 15th 2023 | Mary Salisbury | Divorce
Federal employees earn a pension under the Federal Employee Retirement System, or FERS. Under FERS, an employee vests after 5 years of service. Federal employees are required to...
Owning The Home Jointly After Divorce
Friday, Aug 18th 2023 | Mary Salisbury | Divorce
With the rise in interest rates, I am finding more and more couples I work with simply cannot afford to refinance their mortgages and lose the low interest rates that they now have. ...