Lisa’s divorce was final. She was awarded her now ex-husbands IRA. Her attorney told her that in order to take possession of the IRA, she needed a QDRO document to be drafted, which would cost quite a bit in attorney fees. We were able to call the company and determined that a QDRO was not actually needed. Instead we helped Lisa draft Letters Of Instruction to get the job done with zero fees.
The divorce is final. Now what? In this episode Mary Sterk educates you on the most important financial steps to take once the divorce is done. Mary will guide you through splitting the assets to establishing your post-divorce budget. She also will talk about how to adjust your estate planning documents and begin to rebuild or protect your credit.