Get a Smart Divorce Blog

Divorce and Retirement Funds

Posted on March 6, 2018

My Nashville divorcing clients frequently ask questions about dividing retirement funds.  Attorneys tell me marital property including retirement funds are typically divided 50 / 50.  If part of the retirment funds were earned prior to the marriage then, part of the funds are premarital funds...…

Nashville Client Has ‘Aha Moment’ About Social Security Benefits and Her Pending Divorce Settlement in Tennessee

Posted on May 19, 2011

During a recent meeting with a new client she told me that her divorce had been dragging on for 2 ½ years and she wanted it over in 45 days. I understood her frustration and emotional exhaustion because in addition to being a financial counselor, I too am a divorcee. I asked her how long she had...…

Divorce and Liquidating Retirement Funds

Posted on April 5, 2018

Divorce and liquidating retirement funds are frequent topics in my Brentwood and Nashville offices.  If you withdraw money from your individual retirement account before age 59 1/2, you will generally have to pay a 10 percent early withdrawal penalty in addition to income tax on the amount...…

Beware of the Pitfalls of Pensions During Divorce

Posted on September 23, 2011

Pension Details During Divorce–Tennessee Important Facts A client came to my Nashville office yesterday and said "I want to request a portion of my husband's pension in the divorce settlement. His first wife got a portion of his retirement funds and I deserve some too." I asked her if the...…

DIVORCE AND PAYING OFF DEBTS

Posted on December 5, 2022

A client came into my Brentwood, TN office this morning and asked to discuss options for paying off their marital debts.  Paying off the debts meant both spouse's monthly expenses will be reduced and both spouses will be able to start their new chapter with less financial baggage weighing them...…