Monthly Archives: November 2024
What is ERISA anyway?
Frequently, divorcing couples will hear that their retirement plans are “ERISA plans” or “backed by ERISA”? What is ERISA anyway? The simple answer is that ERISA (“Employee Retirement Income Security Act”) is a 1974 Federal law. But that doesn’t really answer the question. What does ERISA do? The easiest way to explain ERISA is… Read More »
Tips on How to Manage your Pending Divorce While Living in the Same Home
Recently, many states, including Maryland, have gravitated towards “no fault” grounds for divorce. While there was a time when it was difficult, if not impossible to obtain a divorce when parties were still living together, that situation has become far more common now. Doing so allows parties to save on incurring two sets of… Read More »