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Divorce 101: Splitting 401Ks and Home Equity
Navigating the financial landscape of divorce can be overwhelming, but it's crucial to understand key aspects to ensure a fair division of assets. In this video, we break down the essentials: from understanding your rights and preparing a solid financial foundation, to the intricacies of dividing 401Ks and home equity. Learn about the importance of a Qualified Domestic Relations Order (QDRO) for 401K splits, and the different state principles like community property vs. equitable distribution. Discover the necessity of full financial disclosure and the value of professional guidance. Remember, divorce marks the start of a new chapter, and with clear communication and support, you can rebuild your financial future. #DivorceAdvice #FinancialPlanning #QDRO #DivorceSupport #FamilyLaw
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