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Dividing retirement savings in a divorce

The National Center for Family & Marriage Research reports that twice as many adults over the age of 50 got divorced in 2014 compared to 1990, and the divorce rate for adults over 65 tripled. A survey also found that pensions and retirement accounts are among the most contested for this generation of divorcing spouses. … Read more

Figuring out the settlement agreement

A North Carolina divorce is seldom straightforward whether both parties want a simple resolution or not, as there are often several options for how to proceed. The problem is that each person might favor different ideas. In a hypothetical situation, a woman wants a divorce after a number of years of marriage. She has a … Read more

Financial planning important in divorce

North Carolina residents who are facing the end of their marriages should consider speaking to a financial adviser. This is a step many people put off until after the divorce, but at that point, they may have already made bad decisions that affect their future. When people have been less involved with the family finances, … Read more

Post-divorce retirement planning

Amid the stresses of a divorce, it is easy to put retirement planning on the back burner. However, divorce leaves spouses with altered financial circumstances that can affect retirement security. Whereas in marriage each spouse had the benefit of sharing household expenses and combining investment assets, divorce necessitates the maintenance of separate households with higher … Read more

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