Opening new lines of credit right after a divorce is usually a really bad idea! Everyone knows divorces cost money. Whether it’s the lawyer’s fees and court costs, or the simple fact that your family is going from two incomes to one (or one income to half an income!), the effects can be rough! But […]
Archive | May, 2019
Qualified Domestic Relations Orders in Oakland County: What You Need to Know (Pt 2)
How your retirement account gets divided in your divorce can make a big difference to your financial future. Welcome back and thanks for joining us here at The Kronzek Firm’s office in Farmington Hills. We’ve been talking about Qualified Domestic Relations Orders (called QDROs for short) here in Oakland County, and how that could affect […]
Qualified Domestic Relations Orders in Oakland County: What You Need to Know (Pt 1)
Some of you are probably scratching your heads and wondering what a Qualified Domestic Relations Order is (called a QDRO for short!). And who could blame you? It’s certainly not something the average person deals with on the average day. So what is it and why does it matter if you’re getting divorced in Oakland […]