When contemplating issues regarding the end of a marriage don’t overlook retirement in your Carlsbad divorce. Retirement accounts and pensions are often one of the largest assets involved in the process of a divorce. The division of retirement accounts is often completely overlooked, especially by those who attempt to work through a divorce on their own. However, even a simple …
How Much of My Retirement Will I Lose in My Carlsbad Divorce
We are often asked “how much of my retirement will I lose in my Carlsbad or San Diego divorce?” There are multiple forms of retirement assets which must be addressed during the process of a Carlsbad divorce. Retirement assets can be as straight forward as a 401(k) through work, or sophisticated retirement and pension systems such as CalSTRS (teachers and …
CalSTRS and CalPERS Pensions in a San Diego Divorce
What happens to CalSTRS and CalPERS pensions in a San Diego divorce? What does a teacher, a public employee and/or their spouse need to know about how these accounts will be managed during property division in a divorce? Generally speaking, all debts and assets obtained by either or both parties from the date of the marriage until the date of …
Retirement Accounts in a Divorce Require Special Documents
Did you know retirement accounts in a divorce require special documents known as Qualified Domestic Relations Orders or QDROs? Can a DIY divorce truly manage the QDRO process? According to the State of California more than 80% of couples begin the divorce process on their own. Here in Carlsbad our own Family Law Court reports less than half are able …