If you have questions regarding investment and retirement account division in divorce, it is wise to seek the counsel of an experienced attorney. Our lawyers have a thorough knowledge in all aspects of family law and have decades of experience guiding clients through divorce disputes.
As experienced Little Rock divorce attorneys, we at Worsham Law Firm, P.A. understand that the process can be a challenging emotional experience. Feelings of frustration and confusion are only compounded when disputes arise regarding investments and retirement accounts. Working with trusted industry professionals, we can accurately determine the value of investments and retirement accounts in order to properly divide them between the two parties.
How Do Retirement Accounts Get Divided In Arkansas Divorce?
In Arkansas, retirement accounts are divided equally between spouses regardless of who owns them. This is done to make sure marital property is distributed equally. Based on certain criteria such as age, health and employment, a court may decided to alter the structure of asset division.
A complete inventory of assets will need to be identified in order to make this determination.
When Spouses Hide Money
Through our investigations, it is not uncommon that we will uncover hidden assets in a marriage. Reaching an equitable division of assets that are hidden is something we can help with. It is important to work with an divorce attorney who has handled situations similar to yours.
Qualified Domestic Relations Orders (QDRO)
In Arkansas, a qualified domestic relations order (QDRO) is a vehicle for dividing retirement. Typically, a QDRO document recognizes one spouse’s right to receive a percentage of another spouse’s retirement plan. In the vast majority of marriages, one spouse will have an interest in the other spouse’s retirement account, and the QDRO quantifies that interest. We have represented countless clients through negotiations to determine how much of an interest is defined in the QDRO. Trust us to vigorously protect your interest no matter whom we are representing.
It is important to note that military retirement account analysis is a completely different subset of this practice area. We are experienced in this analysis and division, and are confident in our ability to guide you through the process.
Get In Touch With a Little Rock Asset Division Attorney To Learn More
We can better address your specific concerns about family law issues in person. To schedule your free initial consultation, reach out online or call our Little Rock law firm at 501-228-0668 or at 501-490-9379.