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So You’re Getting Divorced. What Happens to Your Retirement Accounts?
The short answer to “What happens to my retirement accounts if I get divorced in Arizona?” is “About half of the value will probably go to your spouse.” The longer, more technical answer requires a bit of background first. Arizona Is a Community Property State Arizona, and a handful of other states, view marriage as […]
Grey Divorces in Arizona: What, Why, and How
You might know an older couple who is suddenly getting divorced after being married for decades and thought, “Why now?” These “grey divorces” happen. And increasingly so, according to research conducted earlier this year [1]. What Is a “Grey Divorce”? The “grey” in “grey divorcing” refers not to an ethical area, but rather to the […]
Drowning in Cash—And Infidelity
Less than a month ago, the Court of Appeals of Arizona heard a case from a wife who accused her husband of using $530,578 “for non-community purposes” [1]. But what does that mean? To fully understand the gravity of the situation (and to understand why it is even worse than that allegation suggests), you will […]