A thrift savings plan (TSP) is a type of retirement investment program available to federal employees and members of the uniformed services. This defined contribution plan offers federal workers many of the same benefits that are available to employees in the private sector. A TSP is a
Does My Ex-Spouse Have Rights To My Federal Retirement After A Divorce?
The division of property is common during a divorce. From bank accounts and real estate to investments and vehicles, the court system will attempt to divide assets as fairly as possible. One of the most common concerns that people have when starting divorce proceedings relates to retirement savings.
Men’s Rights During A Divorce
It is a common misconception that men do not have the same rights as women when it comes to a divorce. In modern society, men and women are treated equally and must abide by the same laws. However, it is important for men to remember that their actions and behavior during divorce proceedings can
How Will My Federal Pension Be Divided After My Divorce?
Retirement accounts are one of the largest assets in a divorce and many divorcees in this situation worry about losing their retirement savings. Federal employees often build up their pension over their working years to create a sizable nest egg. Determining how or if a federal pension should be
How To Secure Your Finances During A High Net Worth Divorce
Every divorce poses particular challenges, but a high net worth divorce is especially risky. After working hard to build wealth in real estate, investment properties, a successful business, retirement savings or other assets, a divorce could cause a person to lose as much as half to their spouse in
The Importance Of A Forensic Accountant For High Asset Divorces
High asset divorces tend to be much more complicated than average divorces, especially regarding the identification and division of assets. While an experienced divorce attorney can provide clients with a wealth of knowledge, having your divorce attorney retain and use a forensic accountant is
What to Know When Navigating a High Asset Divorce in Maryland
Divorces that involve high-value assets are anything but ordinary. Couples who have accumulated significant assets during their marriage may face many challenges during a divorce, such as complex property division, tax implications and conflict regarding areas like child support and alimony. When
Common Mistakes In High Net Worth Divorces
Navigating a high net worth divorce is no easy feat. Most high net worth divorces involve more than one million dollars in liquid assets, requiring a higher level of expertise to identify and assign ownership and value. Unfortunately, common mistakes are often made during divorce proceedings
