Retirement Accounts in a Divorce Require Special Documents

Retirement Accounts in a Divorce Require Special Documents

Pierre Domercq Retirement Asset Division

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 North County our own Family Law Court reports less than half are …

How Will a 401(k) be Handled in a Divorce?

Pierre Domercq Divorce

How will a 401(k) and other retirement vehicles be handled in a divorce in Carlsbad, Oceanside, Encinitas or North County San Diego? Retirement assets such as a 401(k) are considered in the same manner as “community property” and marital contributions are usually fairly or equally divided between the parties. If you entered the marriage with a balance in your 401(k) …

Retirement Assets and Property Division in a North County San Diego Divorce

Pierre Domercq Divorce

How are issues such as retirement assets and property division in a North County San Diego divorce handled? Does social security, retirement benefits or a pension come into play? Almost every North County or Carlsbad divorce case involves the division of retirement assets. The experienced divorce attorneys at Burke & Domercq provide sound advice and counsel to prevent the division …

How are Retirement Assets Usually Divided in a Divorce?

Pierre Domercq Divorce

Here in North County San Diego, retirement assets are usually characterized as “community property” and therefore must be divided equally as part of the community property division process. If the parties retirement assets are 401(k)s the plan administrator has a Qualified Domestic Relations Order (QDRO) which it prefers to use. Our attorneys work with the plan to properly structure enforceable …

Division of Retirement Accounts in a Divorce

Pierre Domercq Retirement Asset Division

Most Carlsbad and North County divorce cases these days include the division of retirement accounts such as 401(k)s, IRAs, or pension funds. These assets are eligible for division as community property in California. The process for ensuring that these assets are properly accounted for and managed as part of the divorce requires extensive skill and expertise. Each retirement plan has …