Most people in California are familiar with the concept of a family law judge setting a child support amount for divorcing parents. While support agreements do require court approval, parents who are in the midst of a divorce are still generally capable for crafting their own arrangement. Here are two options for doing just that.
Don't rush retirement decisions during property division
Approaching divorce and retirement at the same time? For those in California who are dealing with this situation, the future may feel uncertain. Most people know that there are usually penalties and taxes associated with early withdrawals from retirement accounts, but this can be avoided during property division through careful attention to detail.
Can property division wreck my retirement savings?
The retirement years are meant to be enjoyed and savored, but a divorce could disrupt those plans for tranquility. Divorcing California couples -- particularly those who are near retirement -- may feel the side effects on their retirement the most. Paying careful attention during property division and other important divorce processes can help these individuals protect their retirement savings as well as their financial security.
