When it comes time to divide property in a divorce case, the division of retirement assets can present some of the most difficult challenges in the process. Dividing these assets often involves the use of qualified domestic relations orders (QDROs) and other complicated accounting and financial planning devices. Without the help of an experienced attorney, it is easy for people to end up with an unfair arrangement.
Skilled Help With Every Aspect of Retirement Asset Division
Our attorneys handle every aspect of retirement asset division, including:
Determining the value of retirement assets: This is one of the most important and most complicated assets of this process. The principal amount changes regularly and many retirement accounts get started before couples get married. These factors along with fluctuating interest rates and other challenging details means that it is important to have skilled professionals help to determine the true value of various assets.
Negotiating a settlement: In many cases, a retirement account will be divided evenly. However, an equal split is not always proper or desirable. We can help determine the course of action that is most reasonable and prepare for court litigation to help you achieve the best arrangement available.
Preparing a QDRO: A QDRO is the document that is often required to divide retirement assets without incurring taxes or other penalties. We will ensure that all necessary documentation is created and processed in a timely manner.
Using Experts to Ensure Everything Is Up to Par
Because dividing retirement assets can get so complex, we may utilize a network of accounting and actuary professionals to make the proper valuations to prepare the required documentation. You can rely on us to protect your interests throughout the divorce process.
At Bellenot & Boufford, LLC, our Newtown lawyers represent clients in Fairfield County, in New Haven County and throughout the surrounding area in Connecticut. With more than 50 years of combined legal experience, we can skillfully guide you through this process to ensure that the division of retirement assets is handled properly.
Contact Our Lawyers to Ensure a Fair Division of Property ∙ Free and Meaningful Phone Consultations
We can help ensure that any division of retirement assets between you and your spouse is carried out fairly and equitably. Our attorneys offer free initial phone consultations, so you can discuss your legal matter and make informed decisions about your case. Call 203-304-9050 (877-286-3414 toll free) or contact us online to schedule your free initial phone consultation.
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