Property Division - Chicago Illinois Family Law Blog - Page 2
How Divorce Affects Retirement Planning and Social Security Claims
A recent article in The Los Angeles Times discussed the affect divorce and re-marrying can have on retirement planning and claiming Social Security benefits. For 72 percent of retirees that are unmarried, many due to divorce, Social Security is the primary source of income. Understanding the basics of spousal and survival benefits can help those who are divorced avoid making costly errors.
Oklahoma Bill Regarding Military Division of Property in Divorce Causes Controversy
A new bill introduced in the Oklahoma legislature would limit a military spouse’s ability to claim a portion of their spouses’ military pension and benefits, reports Tulsa World.
Man Wins “Wheel of Fortune,” Wife Divorces Him: Who Gets the Money?
The Columbian reports that one couple’s divorce in Washington state has been complicated by the fact that one spouse won $51,600 on “Wheel of Fortune.” Now, the debate is whether the money is community property and therefore eligible for property division under law.
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