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May 2017 Archives

U.S. Supreme Court: No offset of vet's retirement pay

In 1991, an Air Force veteran divorced his wife, with the court awarding the wife half of her ex's retirement pay. In 2005, the vet learned that he was eligible for a 20 percent disability rating. Since disability pay is not taxable, the vet decided to waive $250 of his monthly $1,500 retirement pay. His retirement pay is taxable.

Summer break and co-parenting

While many families are looking forward to the warm weather, BBQs and lazy afternoons at the pool, other parents who are divorced or separated are trying to determine how to keep their summers from turning into a free-for-all that is chaotic and very stressful. Here are several tips to help you and your ex keep the peace during the summer.

What are the pros and cons of a prenuptial agreement?

It can be difficult to think of your marriage as a business relationship, but when you stop to think about the financial interests in your marriage, it makes it easier. As a business relationship, you need to protect your assets and investments. One way to do so when you will soon be walking down the aisle is to create a prenuptial agreement.

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