Benefits and limitations of QDROs

When a couple divorces, there is a process that allows a spouse or dependent to benefit from the other’s pension plans. A Qualified Domestic Relations Order (QDRO) is a court order that stipulates a portion of a retirement plan be paid or assigned to another if a...

Financial challenges during divorce

Ending a marriage is often a complicated decision to make, both emotionally and financially. Untangling finances and assets during the divorce process can be tedious, and there are even times when one’s feelings about the matter can get in the way. Here are a couple...

Stakes are high in Bill Gates’ divorce

America’s most wealthy couple has decided to end their marriage. Most likely, everyone in Missouri knows who Bill Gates is. The Microsoft billionaire and his wife, Melinda, recently announced they would end their 27-year marriage and are heading for a divorce. Gates...

Managing finances after divorce

There may be nothing more unsettling to a person’s financial situation than the end of a marriage. Missouri couples who have made the decision to divorce have many issues to sort out, one of which includes how assets and debts will play a part in individual finances...