For many divorcing spouses, the most substantial assets up for negotiation will be pensions, annuities, 401(k) plans, Keoghs, IRAs and deferred compensation plans. The fact that they are titled in only one party’s name does not affect whether they are characterized as marital property. In some situations, these can be relatively simple to identify as marital property, and they can be liquidated and divided, bought out or settled through the use of qualified domestic relations orders (QDRO).
We work with licensed professionals who are experts in the field of valuation of retirement accounts and actuarial accounting.
However, if for instance, part of the portfolio or investment was acquired prior to the marriage, then the division of that account during divorce could be complicated by characterization issues or valuation problems.
At the Law Office of Cheryl Bucker, P.A., in Pompano Beach, Florida, our lawyers have extensive experience working with experts to protect your future financial security to the greatest extent possible while satisfying the requirements of Florida divorce law.
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