Who Gets the Retirement Money in Divorce?

Regardless of the length of the marriage, retirement benefits will be discussed in every divorce case.

There are two options for dividing retirement benefits in a divorce: (1) the buyout, and (2) splitting the retirement accounts. Under the buy-out option, the spouse without the retirement benefits takes another asset of equal value (such as cash or family home equity) instead of the retirement account. Otherwise, a split of the retirement account may happen using a court order, called a Qualified Domestic Relations Order or “QDRO”… for short.retirement

When dividing retirement accounts in a divorce case you must look for any tax advantage. Retirement assets are often the most valuable asset in a divorce. Therefore, you need an experienced attorney-mediator to assure your retirement assets are valued and distributed fairly in your divorce.

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