Rocklin/Roseville/Sacramento area, California, Lawyers Handling Divorce and Retirement Plans
How a divorce attorney handles division of assets including retirement accounts/benefits is often a good indicator of the attorney’s experience and knowledge of family law. Our goal is always to facilitate divorce settlements that will meet family court judges’ expectations as well as protect our clients.
If you are headed for divorce in our region of California and live in Placer County, El Dorado County, or Sacramento County, we encourage you to contact us by phone or e-mail to schedule a consultation regarding asset distribution including retirement accounts such as the following:
- IRAs
- 401K’s
- State Teachers’ retirement plans (whether governed by ERISA or other plan administration rules), including 403(b)’s.
- Public Pensions (such as CalPERS or CalSTRS)
- Military pensions
- Private pensions
Ask about our experience with QDROs (qualified domestic relations orders) in California divorces. We are well-qualified and highly experienced in all processes and aspects of dividing retirement assets at the time of a divorce, including the following (these may vary depending on the type of retirement account in question):
- Notification to the retirement plan administrators
- Filing of pleadings in court
- Evaluating plan descriptions
- Serving notice on wife or husband
- Reviewing and changing, if possible, beneficiaries, alternate payees and survivor benefit provisions
Division of retirement accounts may be used as bargaining tools in divorce settlement negotiations. For example, a spouse may surrender his or her interest in the marital home in exchange for keeping his or her retirement benefits intact. Call or e-mail us to schedule a consultation on your particular circumstances when you or your spouse (or both) have pension funds and are approaching divorce.
