In many divorce cases, the parties’ retirement accounts are their most valuable marital assets. The proper division of retirement benefits and interests requires accurate characterization of nonmarital vs. marital property. It also requires meticulous examination of valuation issues and an intimate knowledge of the nuances of different retirement plans.
At The Law Offices of Barry I. Finkel, P.A., we help divorcing clients navigate the complexities of this process while working to ensure that their rights and interests are protected. When appropriate and financially wise, we work with retirement plan experts to ensure that our clients receive the proper advice.
Contact our retirement and divorce lawyers to discuss your questions and concerns. With more than 60 years of experience, our firm represents husbands and wives in complex family law and property division matters throughout the Tri-County area. Attorney referrals are welcome.
Florida uses a system of equitable distribution when dividing marital property in a divorce proceeding. Courts attempt to divide marital assets fairly between spouses, but neither party is guaranteed a 50/50 split.
Many divorcing individuals are surprised to learn that marital property includes any asset acquired during the marriage by either spouse, regardless of how titled. For example, this means that even if one spouse contributed to a retirement account in his or her sole name, the funds deposited in the account during the marriage (and any associated gains or losses) constitute marital assets that are subject to equitable distribution. This includes both vested and non-vested benefits in retirement and pension plans.
At The Law Offices of Barry I. Finkel, P.A., we have a reputation for excellence in guiding clients through complex property division. Led by respected attorney Barry I. Finkel, our skilled team of lawyers helps clients protect their interests in a broad range of matters related to retirement accounts and investment instruments such as: