Retirement accounts during a complex property division in Florida

On Behalf of | Feb 6, 2015 | High Asset Divorce |

Last week, we discussed how alimony is handled in Florida. That might have some of our readers wondering how other aspects of divorce, such as property division, are handled. The answer to that is something that has to be taken on a case-by-case basis. There is no single answer that works in every case. We have the experience necessary to work on your behalf to ensure that the division of assets is handled in a manner that gives you the best start possible.

One point of the division of property that has to be considered in some divorces, especially high-asset divorces, is the division of retirement funds. These include pensions, 401(k) accounts, Roth IRA accounts, IRA accounts, investments, bonds and stocks.

Dividing these assets can be very complicated. Determining the value of these accounts isn’t always cut and dry. In some cases, financial experts might have to be called in to help with the valuation. Additionally, tax planning specialists might need to be called to determine the tax implications of various division options.

Once the property division terms are established, we can help you with the qualified domestic relations order to help ensure that it is properly completed. Following federal laws and ensuring everything is handled properly are vital with these QDROs. We can help you ensure you are protected in regards to those orders.

From start to finish, we can help you to ensure that your divorce settlement protects your interests. While you work on starting a new life, we can work to help you close out your old life.

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