What Is Your Retirement Fund Really Worth?

People often overlook the future value of a pension or retirement fund and other employee benefits when it comes to reaching a divorce settlement. In a long-term marriage where one spouse earned the income outside the home and the other maintained the house and family, it is not uncommon for the bread-winner to keep the pension and let the homemaker keep the house. Unfortunately, the spouse giving up the pension often comes up short over the long term.

The family law attorneys at our law firm have been representing clients in divorce property settlements in Connecticut divorce cases for decades. We have represented too many clients who were prepared to give away their rights to a pension or other important employee benefits. Even though the fund amount may not have a high current value, it may be a significant long term financial asset. We work with professional financial experts who can show you what the full value will be over a lifetime of interest and earnings. That’s money that you are entitled to. It’s also money you will need to meet your long-term retirement needs, even if retirement is still decades away.

What is a QDRO? A Qualified Domestic Relations Order (QDRO) is a court order from a settlement agreement or a judicial decision that divides certain marital retirement assets, including the future value of retirement funds and pensions. We work with independent QDRO specialists and person valuation aspects to protect your financial interests and make sure you get what you are entitled to receive.

We have extensive experience in all areas of complex marital property settlements, including:

  • Retirement funds, pension valuation, 401(k) accounts
  • Deferred compensation, executive stock bonuses
  • Securities, stocks and bonds
  • Overseas assets
  • Business holdings
  • Tax consequences
  • Family debt liabilities

Before you make a quick decision about your retirement plan or pension settlement, get straight answers from attorneys with nearly 60 combined years of divorce and family law experience. From our offices in Norwalk, Connecticut, our lawyers represent individuals in divorce and family law matters in communities throughout Fairfield County. Call us or contact us by e-mail for a complimentary initial consultation with an experienced family law attorney.

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