Securing your Future: How Divorce can Affect Your Social Security and Retirement Plans
The end of a marriage has intricate implications on your life, especially when it comes to financial aspects like Social Security and retirement plans. When a court considers spousal support, one aspect that emerges is the potential division and distribution of retirement benefits. Retirement benefits can also be divided as a part of marital property when it is earned during the marriage. Dividing retirement benefits in divorce proceedings can spark concerns about “double-dipping,” where a marital asset is divided in property division and again in spousal support. “Double-dipping” can lead to a financial burden on one party.
The engagement is off, can I get my ring back?
You got engaged. It’s great. Then, for whatever reason, it doesn’t work out. Who keeps the ring?