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Crunching the numbersby Firmbee.com
Post Divorce

After the Divorce

Once you are divorced, there are often post-divorce tasks to complete. Whether you are implementing the agreements or addressing post-divorce disputes, learning the basics (and what you can do on your own) will prepare you and may save you time and money.

Property Division

Are there tax implications to consider when transferring real estate post-divorce?

Property Division

How does a lien on real estate work in securing a settlement payment for the non-retaining spouse?

Property Division

Can we use a private contract (like a property settlement note) to handle the division of real estate equity?

Table Of Contents
Post Divorce
Module
1

Post Divorce Introduction

Learn about steps and tasks that need to be completed to implement the agreements outlined in the decree after the divorce is final.

Post Divorce
Module
2

Post Divorce Transfer of Real Estate

Learn the steps, considerations and potential challenges with transferring or handling real estate after a divorce is final.

Post Divorce
Module
3

Post Divorce Division of Retirement

Learn the procedures and legal requirements to divide each type of retirement account to facilitate a smooth transition and compliance with the divorce decree.

Post Divorce
Module
4

Post Divorce Division of Other Assets and Liabilities

Review considerations and tips for dividing assets and liabilities after divorce, like bank accounts, investment accounts and debts.

Post Divorce
Module
5

Changing Your Name After Divorce

Learn the steps to implement a name change after divorce.

Post Divorce
Module
6

Poste Divorce Disputes

Learn why these disputes occur and how they can be handled to protect your rights and manage post divorce stress effectively.

Glossary Terms
Name Change

The legal process of changing your name after a divorce, which involves updating your name on all legal and personal documents such as your Social Security card, driver’s license, and bank accounts, often using a certified copy of the divorce decree.

Post-Divorce

Also known as post-decree, the phase following finalization of a divorce when the final resolutions are implemented.

Lien

A legal right or claim against a property by a creditor or a party owed a settlement to secure the payment of a debt or obligation, remaining until the debt is satisfied.

Notice of Entry

A document or court order provided to the parties of a legal matter saying that the final judgment of the divorce has been entered and is now final.

Participant

An employee or former employee who has accrued benefits in a retirement plan and is entitled to receive those benefits upon retirement or another qualifying event.

QDRO

Also known as Qualified Domestic Relations Order and pronounced "quadro," a legal order following a divorce that is required to divide ownership of a qualified retirement plan (such as a pension or 401k) to give the divorced spouse their share of the asset or pension plan.

Warranty Deed

A legal document that guarantees the grantor has clear title to the property and the legal right to transfer it, providing assurances against any future claims or encumbrances.

Indemnity Clause

A contractual provision in which one party agrees to compensate the other for any loss or damage incurred, often used to protect against financial liability.

Certified Copy

An official document that verifies the finalization of a legal matter with an endorsement by the court, often a raised seal.

Beneficiary Designations

Instructions on who will receive benefits from accounts like life insurance policies and retirement plans in the event of your death.