The Effects of the Servicemembers’ Civil Relief Act

Servicemen and women, especially those on act duty, face a number of different legal challenges than civilians. In 1940, the Soldier and Sailors Civil Relief Act (SSCRA) was enacted to help protect military personnel who were unable to attend to litigation matters because they were fighting in war or stationed around the world. That act…

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Who Keeps the 401(k) When a Couple Divorces?

When a couple divorces in Tennessee, the assets and debts of a marriage are split equitably. This means that your property is not necessarily divided 50/50, but in a way that the courts deem fair to both parties. For some couples, this affects their retirement accounts, including pensions and 401(k) plans. Generally speaking, a retirement…

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