PASO ROBLES, Calif., July 17, 2021 /PRNewswire-PRWeb/ Not every divorce is complex or even adversarial; there are many reasons that couples agree to separate or divorce. When a divorce doesn’t require the expense of attorneys, it’s possible to simply file all of the required documentation with the court and We Help You Legal of Paso Robles can help make that process easier to get done.
Even though the couple filing for a divorce might be in agreement about matters such as spousal support, child support, custody, visitation and how assets are divided, there are still certain court documents that need to be filed and processes that need to be followed. We Help You Legal assists people make sure that legal documentation is filed correctly and on time. Accuracy helps reduce the chances of delays due to documentation errors or late filings.
We Help You Legal of Paso Robles Announces Assistance with Divorce Documents
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Not every divorce is complex or even adversarial; there are many reasons that couples agree to separate or divorce. When a divorce doesn’t require the expense of attorneys, it’s possible to simply file all of the required documentation with the court and We Help You Legal of Paso Robles can help make that process easier to get done.
Even when the couple agrees about matters such as spousal support, child support, custody, visitation and how assets are divided; court documents that need to be filed and processes need to be followed.
Untangling Your Finances When You Divorce: Don t Forget These Important Details kiplinger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kiplinger.com Daily Mail and Mail on Sunday newspapers.
What are the tax consequences of this divorce settlement?
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Q. I’m in the process of a divorce. My wife is buying me out for my equity in the residence for $250,000 from her company 401(k) plan. I need the money to put a down payment on a house without incurring taxes on the money. Can I get a check as part of a divorce exemption on taxes or can my wife do a direct rollover into my IRA and then I could withdraw the money to use for a down payment without incurring the 10 percent penalty and income taxes?
Dividing Retirement Benefits in a Divorce Friday, April 16, 2021
One of the most often asked questions about equitable distribution of marital assets is how a retirement asset is divided between spouses. The answer depends largely on the type of retirement account being divided and what rules are associated with the retirement account.
All retirement accounts are not alike. The first question that must be asked is what type of retirement account are you dealing with? Generally, retirement plans are one of two types: a defined contribution plan or a defined benefit plan.
A defined contribution plan is a retirement plan in which the employee, or in the case of an IRA, the individual, contributes a set amount. An employer may match contributions up to a certain amount. The most well-known type of a defined contribution plan is a 401(k) plan. The employee typically has a portion of his or her paycheck deducted, which goes into the account. Many times, an employer will match