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Retirement Benefit Issues In Divorce

When couples consider getting divorced, emotions can quickly escalate. One spouse may fear losing the assets they acquired before getting married. In other situations, husbands or wives might hesitate to share the value of their retirement accounts, including 401(k) plans, IRA accounts and pension plans.

For more than 25 years, the law firm of John Bednarz, P.C., has helped clients maintain a fair share of their community property during divorce. We offer a straightforward approach focused on securing our clients’ property division rights, without adding fuel to the fire. Our attorney, John Bednarz, is a skilled negotiator prepared to help you maintain an equitable share of your joint retirement benefits.

At the law firm of John Bednarz, P.C., we understand the stakes are high in property division. We are committed to working with you to help you keep your individual assets, while securing your right to a fair share of your joint retirement assets. Contact our law firm today by email or call 480-507-6677 for a free initial consultation with an experienced divorce lawyer.

Equitable Division Of Joint Retirement Assets

Individuals work hard in their careers to eventually become vested and benefit from pension plans, IRA accounts and employee stock purchase plans. Understandably, many individuals believe they have a right to maintain a full percentage of their retirement accounts.

The law in Arizona is quite clear in addressing any misconceptions about the division of retirement benefits during a divorce. In fact, all of the assets obtained during a marriage are subject to an equitable division between the divorcing spouses.

The family law judge will determine if all or some of your retirement assets were acquired before you got married. For example, if you started your career before getting married and began a 401(k) plan at that time, we will help you maintain a full share of the retirement assets earned before getting married.

The retirement benefits gained while you were married would be split equally between you and your spouse. We will evaluate your 401(k) statements to help you secure your property division rights. Attorney John Bednarz has the resources to consult forensic accountants in divorces involving 401(k) division for self-employed individuals. He works with them to determine the value of their actual income when seeking an equitable division of community assets.

Contact Us Today

To find out how the advice of an experienced attorney can help you work through pension division concerns in Phoenix and the East Valley, call our Gilbert office at 480-507-6677 or use our online contact form to set up a free initial consultation.