Mary Cushing Doherty's Legal Insights
How Will Divorce Affect My Business? Will I Lose My Livelihood as Well as My Marriage?
By Mary Cushing Doherty, Esq. Successfully launching and running a business requires commitment and passion. It can be an exhilarating ride; the pride that comes from building something long lasting is hard to top. However, too often the journey never ends, and it can be all-consuming. Sometimes, despite the best efforts and intentions, the commitment […]
Retirement Plan In Pay Status - Is It Income or Can There Be a QDRO?
Q: For divorce settlement, if a retirement plan is already paying the former employee, is this income or can there be a Qualified Domestic Relations Order (QDRO) for division of marital property? A: You definitely want to treat the retirement payout as an asset subject to equitable distribution. If husband and wife were not living […]