Who Divides the Retirement Accounts After a Divorce?
Are you wondering who divides the retirement accounts after a divorce in Saratoga? Watch this video for guidance, then call our lawyers today.
- In general, the party taking a deferred compensation or pension plan – the non-titled party – is responsible for drafting the order to divide the pension plan or deferred compensation plan.
- Sometimes, in cases that require multiple orders, the cost can be significant and we try to negotiate allocation of the cost to divide these assets before an agreement is done.
- These are marital assets and neither party should bear the total burden of dividing those assets.
Are you unsure who divides the retirement accounts after a divorce? Contact experienced Saratoga Divorce Lawyer Jean Mahserjian for navigation.
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