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Protect Your Future: Retirement Benefits After a Long Term Marriage
A divorce after a long term marriage such as that of Al and Tipper Gore presents certain issues regarding future long term economic security. I have no doubt that both the Gores will walk away from...
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Tips For Tying the Knot: Best Wedding Gift May Be a Candid Discussion
As a couple anticipates marriage, they spend considerable time planning for the wedding day and dreaming of their future. But many fail to realize that they also need a candid discussion of how to...
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Don’t Forget Your 401(k)!
A recent study showed that half of American adults who have participated in a 401(k) or equivalent retirement plan, but who have changed jobs, have left at least one of their accounts with a previous...
View ArticleFlash Point: Court Should have Reevaluated Retirement Account when Entering QDRO
In a second appeal, the husband challenged the trial court’s finding after remand that would cause him to bear the majority of a retirement account’s loss when entering a QDRO. In its original...
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Am I Frozen Out of My Spouse’s Frozen Pension Plan?
Many traditional defined benefit pension plans that provide a monthly annuity payment to the employee at retirement have been frozen over the past decade. There are a number of reasons why...
View ArticleReturning to School in Middle Age: Hey Mom, I Got an LLM!
Well, if anyone had told me that I would go back to school at age 51, I would have told them they were crazy. I was not looking to return to school at that point in my life. However, I was encouraged...
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Illinois Pension Reform Found Unconstitutional
There appears to be good news for state employees. On Friday, November 21, 2014, Sangamon County Circuit Court Judge John Belz found that “without question” the pension reform law is unconstitutional...
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Divorce and Public Pensions
The news has not been good lately for U.S public pensions. Long term returns for U.S public pensions are expected to drop to the lowest levels ever recorded, as cities across the nation are faced with...
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