Picture this: You’re leaving your current employer to start a new job or pursue other interests and you’re about to receive a payout of the money in your retirement plan. What will you do with it? Keep the money invested and working full-time on your behalf in a tax-deferred retirement savings account or take the cash?
Last Updated on Wednesday, 24 October 2007 08:55
Friday, 28 September 2007 06:20
Hands down, in a family case, mediation beats litigation every time. Why is that you ask? Well I’m going to tell you. First, mediation is much less expensive than litigation. The parties generally split the cost of a mediator, who is employed by both parties for relatively short mediation sessions. Those proceedings can last from a half-day, to a few days or so, depending upon the nature and complexity of the issues. The entire process is much less adversarial. It is conducted in an informal atmosphere rather than a cold courtroom and neither side needs a lawyer. Mediation is also much faster than litigation. You could be litigating for years in a family law case. I have one family law case in litigation that has been pending since 1997.
A spouse who is self-petitioning under this law must show that he or she: is the spouse of a citizen or green card holder of the United States; is an immediate relative; is living in the United States; has lived in the United States with the citizen or green card holder spouse; has been battered by, or been subjected to extreme cruelty during the marriage; or is the parent of a child who has been battered or subjected to extreme cruelty by the citizen or green card holder during the marriage; is a person of good moral character; deportation would work an extreme hardship to himself, herself, or his or her child; and married to the citizen or green card holder in good faith. A battered child or parent can apply following the same basic requirements.
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Part II – In last month’s issue, I referenced a number of concerns and challenges around migrating to Microsoft Vista. I recommended that unless buying a new system, the best option is not to rush the upgrade to Vista.