Elizabeth Van CliefApr 160 minThe Covid-19 Impact on Retirement Benefits: a technical and practical update for attorneys
Elizabeth Van CliefApr 17, 20193 minThe Good and the Bad of Gillmore ElectionsCounseling a client on whether to elect Gillmore rights can be complicated, but using a framework in the form of “pros and cons” can help...
Elizabeth Van CliefFeb 25, 20193 minPerforming a calculation of the community interest in defined contribution plans can save feesMany clients have more than one defined contribution plan or IRA. Generally speaking, there is not a significant difference between the a...
Elizabeth Van CliefFeb 13, 20192 minRetirement during a pending divorce is a red flag: significant rights can be jeopardizedIf you have a case where your client or the opposing party is applying for retirement during a pending divorce, watch out. Retirement is ...
Elizabeth Van CliefFeb 4, 20193 minOptions for accessing retirement benefits to fund litigation or other divorce expensesThe situation is too often that clients are rich in defined contribution retirement benefits and cash poor. The client wants to hire an a...
Elizabeth Van CliefJan 29, 20192 minYOUR 401(K) ASSETS ARE NOT “OLD” – THINK TWICE BEFORE ROLLING THEM OVERAlmost every bank has some sort of advertisement that refers to your 401(k) benefits as “old” and encourages you to rollover your investm...
Elizabeth Van CliefJan 24, 20194 minRetirement Benefits and BifurcationHow do I complete FL 347? This is a common and important question posed by family law attorneys with clients seeking a bifurcation and im...
Elizabeth Van CliefNov 6, 20183 minSDCERS AND THE DISAPPEARING SURVIVOR BENEFITDo not assume that a Domestic Relations Order can award an SDCERS survivor benefit Most people think of government benefits as “better” t...
Elizabeth Van CliefNov 6, 20183 minDividing IRAs in Divorce: Why a QDRO is not necessary to assign IRA benefits to an ex‐spouseContrary to popular belief, a Qualified Domestic Relations Order (“QDRO”) is not necessary to divide every type of retirement benefit. Th...
Elizabeth Van CliefNov 6, 20181 minQDROs can be used for collecting spousal support and child support The use of a Qualified Domestic Relations Order (“QDRO”) is an often overlooked tool for assisting family law attorneys and divorcing spo...
Elizabeth Van CliefNov 6, 20183 minHow Do You Handle A Retirement Plan Loan in a Marital Settlement?Retirement plan loans are one of the most complicated aspect of QDROs to understand and handle correctly. A retirement plan loan is not a...