Below you'll find a list of all posts that have been tagged as “retirement”
What do you need to know about preparing for a gray divorce in San Diego? “Gray Divorce” is a relatively recent phenomenon and applies to a divorce where both spouses are over the age of 50. A recent Pew Research Institute study shows an increase of 100% in gray divorce since 1990. Those who are preparing for a gray divorce …
What are the options to ensure funding your retirement during a San Diego divorce? Gray divorce (where the parties are over the age of 50) has become much more common over the past decade. One of the most common challenges which must be considered in a gray divorce is how to provide adequate retirement for each spouse. In many of …
What are some of the implications of divorce when it comes to your finances? From an earnings perspective, income earned during your marriage is usually community property unless you have a prenuptial or postnuptial agreement which states otherwise. Anything which was purchased, earned, contributed to or signed for from the date of the marriage until the date of separation will …
How are retirement accounts, pension and social security handled in a Carlsbad Divorce? Dividing retirement in a San Diego divorce begins with the requirement for all retirement accounts such as 401k or pension plans to be divided equally based upon community property laws. However, social security is considered “separate” property in a Carlsbad or Oceanside divorce and cannot be divided …
What are some of the common financial mistakes to avoid in a San Diego divorce? One of the most important reasons to work with the Certified Family Law Specialists at Burke & Domercq is the ability to avoid costly mistakes based upon emotion or misunderstanding. When you are in the midst of a divorce it can be hard to see …
You’ve probably had several discussions with your spouse (and countless reflections within your own mind and heart) about the possibility of a divorce. In some cases, one party is surprised when they are served divorce papers by the other. One thing is certain: if you are considering ending your marriage you need to give consideration to the steps to prepare …
Are you searching for how to get a quick divorce in San Diego? When a couple decides to get a divorce in California, they may be worried that the process could take a long time. However, going through a divorce is different for everyone. If you are able to work through issues with your former spouse in a quick and …
What happens to retirement plans in a divorce in San Diego? What happens to Social Security benefits in your divorce? There are many different types of retirement plan vehicles including defined contribution plans, defined benefit plans, Individual Retirement Accounts (IRAs) as well as public employee retirement systems such as CALPers and CalSTRS. Defined contribution plans are a specific account with …
Are you looking for some suggestions for getting through a gray divorce in San Diego? The highest rate of divorce in the United States today is often referred to as “gray divorce,” those over the age of 50. A gray divorce often involves an underlying marriage of 20 to 30 years (or more). The most common reason given in these …