QDRO – Qualified Domestic Relations Orders
A Qualified Domestic Relations Order (QDRO) is a court-approved decree that assigns part or all of tax qualified retirement benefits to divided marital assets, to provide child support, or to pay spousal alimony. Any assignments of retirement interests must comply with two federal laws: the Internal Code of 1986 and the Employee Retirement Income Security Act (ERISA) of 1974. On order for…
Paying For a Divorce Lawyer Now Made Simpler
Massachusetts couples should always remember that, among other things, marriage is a legal contract between two people. Yet, in the end, after all the pomp and ceremony of the nuptials, it is important to understand the serious legal ramifications involved in the partnership. It seems many forget this reality. When things do break down, they are fortunate to be able to retain…
Understanding is Crucial to Handling Joint Bank Accounts in a Divorce
Sadly, almost half of all marriages in the United States end in a divorce. Fortunately for these people, competent divorce lawyers exist to make the process less confusing and time-consuming. For some, the problems involved are exacerbated by financial concerns. Either they have money they want to protect or there is not enough at hand. It may seem the solution is to…
How to Declare Your Income and Expenses on a Financial Statement During a Divorce
When you are getting a divorce in Massachusetts, it’s important that you fill out your financial statement correctly. This worksheet will be used to determine any alimony or child support payments, and provides the other party with a clear look at your financial status as you go through the divorce process. Separate But Equal Homes If you have children, the point of…
Can You mention an organ donation in my will?
Yes, Massachusetts has adopted the Uniform Anatomical Gift Act which says that any person over 18 years old may make a gift of his or her body or any part of their body upon their death to a hospital, physician, surgeon, medical school, etc. This gift can be made by a card, a written form, or by will. The will makes the…
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