Law Offices of Renee Lazar
AFFORDABLE AND EFFECTIVE REPRESENTATION
CALL RENEE TODAY AT 978-844-4095

Posts tagged "retirement benefits"

Key Points of the New Military Blended Retirement System

The new Blended Retirement System (BRS) created under the 2016 NationThrift Savings Plan.jpg Defense Authorization Act is a retirement system that blends the traditional legacy retirement pension with a defined contribution to Service members' Thrift Savings Plan account. This new Blended Retirement System goes into effect on January 1, 2018. 

An Overview of Military Disability Pay in Massachusetts

How would you describe your Massachusetts marriage? If you are currently considering a Massachusetts military divorce, Military boots.jpgyou might say "it's complicated." When one spouse is receiving military disability pay, you might think this makes the divorce process complicated as well. It can be difficult to understand how military disability pay factors into your divorce. However, by obtaining basic information about the division of disability pay, you may be able to eliminate the phrase "it's complicated" from your divorce vocabulary.

Alimony: Exceptions to Durational Limits in Massachusetts

The Massachusetts alimony reform statute states that "alimony awards whichMoney Fight 1.jpg exceed the durational limits established shall be modified upon a complaint for modification without additional material change of circumstance, unless the court finds that deviation from the durational limits is warranted." The court must then look to whether deviation is "required in the interests of justice."

Why You May Need an Expert to Assist in Your Massachusetts Divorce Case

Depending on the nature and complexity of the issues in dispute in your Massachusetts divorce orExpert team.jpg child custody matter, your attorney may recommend that you engage the services of non-lawyer professionals to assist with certain aspects of your case. The cost of retaining non-lawyer professionals can add to your legal expenses. Therefore, your attorney must weigh the cost to you of retaining a specific professional with the legal necessity and the added benefit to your case. If your attorney recommends that you retain another professional, it is likely because he/she has deemed it essential to supporting or defending certain positions or claims that are necessary to helping you achieve a certain result. In some situations, you and your spouse may be able to agree to jointly engage the services of a necessary professional, such as a real estate appraiser, and share the cost of the professional's services to keep your expenses to a minimum.

Important Retirement Moves For Recently Divorced Massachusetts Couples

Couples who have recently finalized their Massachusetts divorce and divided upRetirement Sign.jpg assets are understandably eager to move on to the next phase of their lives. But closing the book too hastily on your previous relationship could result in some unintended financial consequences.

U.S. Supreme Court Prohibits Indemnity Waivers For VA Disability Payments

On May 15, 2017, the U.S. Supreme Court issued a decision in Howell v. Howell,Military 25.jpg prohibiting states from ordering indemnity when a servicemember waived a portion of military retirement in return for VA disability payments.

Ways To Get Ready For Retirement If You're Over 50 and Divorcing in Massachusetts

When you reach your 50s and newly divorced in Massachusetts a shiver of fear runs down your spine because youSaving for Retirement.jpg haven't saved for retirement yet, don't panic. Though you can't expect to match someone who started planning in their 30s, your cause is far from lost.

How to Calculate Retirement Pay For Reserve Component Members in Massachusetts

The current Reserve Component (RC) retirement is based on a combination ofMilitary Female.jpg satisfactory years and points achieved each year. An RC member (that is, a member of the National Guard or Reserves) earns 15 points each year for participation, one point each day for two weeks of annual training and any other active duty time served, and points for weekend drills, performing funeral honors, and completing correspondence courses, depending on how many hours of work are performed. RC members must earn 50 points annually to have a satisfactory year.

Law Offices of Renee Lazar
4308 Thompson Farm
Bedford, MA 01730
Phone: 978-844-4095
Fax: 781-687-5807
Map and Directions