203.557.9755
203.557.9755

August 2019 Archives

The challenges of dividing a retirement plan in divorce

Determining the division of complicated retirement assets is often a component of the divorce process. Achieving the best outcome will usually require an experienced attorney and will also sometimes require the employment of experts in other fields, such as accounting or asset valuation depending upon the complexity of the asset to be divided.  Additionally, the parties may need to obtain a qualified domestic relations order (QDRO) from the court to avoid incurring taxes and penalties resulting from early withdrawal.