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December 2019 Archives

Divorce affects 401(k) savings

In addition to being difficult to cope with emotionally, dissolving a marriage can pose financial challenges. Naturally, people in San Antonio might wonder how divorce will affect their retirement savings. Here is a glimpse of how courts handle the splitting of retirement funds during the divorce process.

Finance-minded divorce planning can be advantageous

The marital dissolution rate has decreased from nearly 50% to 39% from the 1980s to now. Nonetheless, divorce sometimes is unavoidable because two married individuals cannot resolve their differences. Although divorce can certainly take a toll on people financially in San Antonio, a little finance-minded planning can go a long way in minimizing the negative impacts of divorce.

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Law Office of George C. Ruiz, PLLC
1120 Buena Vista Street
San Antonio, Texas 78207

Phone: 210-899-4853
Fax: 210-455-6889
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