Protecting Your Retirement Assets And Financial Security During A Divorce
Assuming you are certain that divorce is the way forward for your marriage, it is understandable for you to worry about your financial future. No matter how long you have been married, you want your property division to leave you poised for financial stability for decades to come. If you are approaching retirement age, your concerns may focus on retirement assets that you can keep after your divorce.
At Bowen Ten Long & Bal, PC, we take the long view when discussing clients’ goals. Our divorce lawyers often help high-asset and professional clients to devise promising strategies for retirement asset division in negotiations, mediation or litigation. We look forward to hearing your questions and learning what matters most to you in the area of asset division, including dividing or keeping retirement assets.
You Should Not Have To Let Go Of Your Lifelong Financial Security Goals
Our attorneys are attentive and client-focused when working with clients to protect their retirement assets. If you have substantial investments or retirement funds in your name, you no doubt hope to keep them that way. Or if your spouse has such assets in their name, you may believe you deserve a share of them. We will help you determine what you can rightfully expect to see in your divorce decree and prepare arguments in support of your position.
We will collaborate with you while preparing persuasive proposals for use in negotiations, mediation sessions or a trial, if necessary, regarding the division of your or your spouse’s:
- Individual retirement accounts (IRAs)
- 401(k) retirement accounts
- Stock options
- Deferred executive compensation
- Cyber currency assets and other unconventional retirement assets such as carefully curated collectibles
Our divorce representation team will explain how a qualified domestic relations order (QDRO) can clarify how retirement assets will be allocated. Alternatively, we may help you argue in favor of keeping certain retirement accounts undivided and, instead, having your spouse keep other valuable assets such as the marital home or business assets. We are skilled at devising creative retirement asset division plans that will meet our clients’ needs.
Why Bowen Ten Long & Bal, PC, Is A Trusted Name In Family Law
Our divorce attorneys take a team approach to ensure that our clients benefit from the best each of us has to offer in any given case. If you entrust your high-asset divorce to our firm, you will have one attorney who takes the lead as well as input from other team members. Other relevant professionals will also provide depth to our legal counsel, which can help you achieve your goals, such as keeping retirement assets. Your priorities will be ours as we help you navigate the challenges of a high-asset divorce.
Let us hear from you so that we can start providing the advice and guidance you are looking for regarding your retirement assets and your Virginia divorce. Call us at 804-767-6850, or send an online inquiry for a prompt response.