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Four Tips from the IRS if You Changed Your Name Due to Marriage or Divorce
Learn More: Four Tips from the IRS if You Changed Your Name Due to Marriage or DivorceMarriage and divorce change everything, including your tax situation. Whether you recently got married and changed your name or you recently went through a divorce and took back your maiden name, you should make sure that the name on your tax return matches the name registered with the Social Security Administration. If you fail to match…
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Valuing Pensions and Retirement Plans in a Texas Divorce
Learn More: Valuing Pensions and Retirement Plans in a Texas DivorceIn a Texas divorce, retirement assets are often the largest community property asset outside of the marital home. However, unlike a savings account with a clear balance, valuing a pension or a complex retirement plan is not straightforward. Because pensions represent a promise of future income rather than a current bucket of cash, determining their…
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