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Pittsburgh divorce attorney Daniel H. Glasser reveals an important tax strategy regarding retirement assets in a divorce. Since it is a pretax asset, if you negotiate for your ex-spouse to receive the retirement assets then they pay taxes on it, not you. If your attorney or CPA is not advising you with an defined tax strategy in mind, contact our family law firm.   Known as a workout specialist on […]

Divorced spouses who do not update their beneficiary designations are taking an unnecessary risk, as illustrated by a case now pending before the U.S. Supreme Court.  In Sveen v. Melin, No. 16-1432 (cert. granted December 8, 2017), the Met Life insurance company was “caught in the middle” when its policyholder Mark Sveen died in 2011.  He had purchased his life insurance policy and designated his then-wife, Kaye Melin, as his […]

No bride or groom walks down the aisle thinking about the day of the divorce. Sadly, however, statistics from the National Center for Health and Statistics, which tracks national data for marriages and divorces, show marriage does not always get the fairy tale ending. As Pittsburgh asset protection attorneys and prenuptial lawyers working with couples through divorce and estate planning we have an intricate understand of how advance planning may […]

Often when clients are progressing through their divorce, it is overwhelming enough to handle the custody, support, asset division and valuation issues, let alone estate issues. All too often during these emotionally charged times, clients request their divorce lawyers to set aside any estate concerns until after the final settlement order of court dividing the assets is entered, which may take a while. Is it worth revising your will while […]