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...

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...