There are two main ways for spousal support to be modified. First, spousal support can be modified by agreement. This seems to be the most efficient and easiest way to modify support. However, in many cases one party may not want to have the spousal support changed and the parties will be unable to come to an agreement. In that …
What is a Thrift Savings Plan, and Who Owns It Now?
The Thrift Savings Plan (TSP) is a retirement plan for Federal employees and uniformed service members similar to a civilian “401(k)” plan. Why does it matter if I have a TSP account? During your divorce, your TSP matters because the Court may divide it during an equitable distribution hearing. An equitable distribution hearing is when the Court determines how the …