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Retirement Accounts Impacted by Divorce

Dividing the Loot - Retirement Accounts

Recently, after reading a blog post here about the Van Loan formula, someone wrote to ask how a retirement account would be divided up in a divorce and whether there was a form or calculator that could be used to do this. Like most answers given by lawyers, the answer is "It depends" and "Be very careful."

Divorce App

There's An App for That

Yes, there is an app for getting divorced. Actually, there are several. I can't say that I've used or reviewed any of them, but if you are tempted, remember a couple of things before typing in your Apple ID to purchase one:

What Does it Cost to Get a Divorce?

Can't Afford to Get Married, Wait Until You See the Cost of Divorce!

Freakanomics - books, movies, radio commentaries, and a New York Times blog which attempt to explain the economic motivations and incentives for all the crazy things humans do. Recently, the Freakanomics blog in the Times asked the question, "What is going on with marriage?" in response to recent reports that the marriage rate was declining at a faster rate, due to the recession. Apparently, many people assumed that the cost of getting married (over the top weddings and such) was preventing folks from tying the knot. Even the Times reported that the "long-term decline in marriage accelerated during the severe recession."

How to Get a Divorce in Arizona

The flippant answer to this question is "Do you want to do this the easy way or the hard way." The better answer is that it all depends on how much you and your spouse can work together to get things worked out. Here is a step by step breakdown of the traditional way of getting a divorce:

What Is Community Property?

Everyone launching into the world of marriage or divorce in Arizona should know what community property is and what the law regarding community property says. Not only will it prevent misunderstandings during a happy marriage, it can also make dealing with separation and divorce less confusing.

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