Division of Retirement Accounts in New Jersey Divorce Law
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New Jersey Attorneys for Division of Retirement Accounts in Divorce
The ability to live comfortably through our retirement years is a goal that many of us work toward from the first day we start our careers. We put money away, invest it and stop ourselves from spending it all now. Faced with the prospect of divorce, we are left to wonder what will happen to the assets we worked so hard to accumulate.
The attorneys of Graziano & Flynn, P.C., can help you gain some peace of mind. We regularly deal with retirement accounts during the New Jersey divorce process, helping our clients protect their financial futures to the greatest extent possible. Whether you have a modest portfolio or you have a large amount of assets, you can rely on us for honest advice and a realistic assessment of the likely outcomes.
Talk to a New Jersey lawyer about division of retirement accounts. Call 856-499-4351 or toll free 866-948-7568. You can also send us an email. We serve clients across the state, including those in Camden County, Gloucester County and Burlington County.How Are Retirement Assets Divided in a New Jersey Divorce?
Like all other types of property, retirement accounts must be accounted for and an agreement on their division must be reached. Importantly, retirement savings you accumulated before getting married are not subject to division. What you saved during the marriage will be divided under the rules of equitable distribution.
A Comprehensive Approach to Retirement Assets
With 80 years of combined experience, our Cherry Hill divorce attorneys have access to a reliable network of financial experts and tax professionals who assist us in valuing and dividing all types of retirement assets such as:
- 401(k) Plans
- IRAs (Both Traditional and Roth)
- Corporate and Public Pensions
- Deferred Compensation Plans
- Thrift Savings Plans
- Other Defined Benefit and Defined Contribution Plans
- Qualified Domestic Relations Orders
Many retirement plans require that a Qualified Domestic Relations Orders (QDRO) be filed before the plan administrator will disburse funds. QDROs are highly technical in nature and can have a very large impact on any divorce. An incorrect or missing QDRO can result in heavy tax penalties and an overall reduction in the value of the marital estate. Because we have extensive experience in complex property division, we are able to handle these documents for clients, often with the assistance of professionals who specialize in QDROs.
Contact a Burlington County Divorce Lawyer
Whether you are in Camden County, Gloucester County, Burlington County or elsewhere in New Jersey, Graziano & Flynn, P.C., can help resolve your asset division issues. We can be reached at 856-499-4351 or toll free 866-948-7568. You can also send us an email and we will respond promptly.
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Ron surpassed my expectations in my case. He always kept me in the loop, updated me with any change, and answered ALL of my questions.. And I had a ton! He was very knowledgable, honest, supportive, and calm. I was nervous every step of the way and he listened to each and every one of my concerns. He was always available by phone and email; He responded very promptly to every email I sent (I sent a ton!). Ron is an extremely trustworthy lawyer. Listen to what he says and have faith in him, you will be as impressed as I am! I couldn’t have dreamed of a better outcome in my case. I wouldn’t have wanted anyone else to represent me, I highly recommend him to anyone looking for an amazing lawyer!! His staff is amazing as well!!
I am a Father and my daughter wanted to live with me and attend school closer to my home (I wanted to enroll her into private school) so that would mean I would need to become the primary parent of residence. I thought it would be impossible to get that changed because I also have a career as a firefighter so my work schedule rotates and its 24 hour shifts. I contacted Robyn and she was upfront and honest provided me with possible outcomes. Robyn was outstanding! She had to do the work of two attorneys because the defendants’ attorney would not submit paperwork to the court in a timely manner and that would’ve slowed the process. The case went to trial and having the experienced attorney really showed! I am now the primary parent of residence my daughter and I couldn’t be happier. She always answered my calls, emails and was on time. Both parents were found to be fit by the judge yet a change of custody was still granted in my favor.
I couldn’t be more pleased with my attorney Ron Graziano, when it came down to understanding and knowing his area of expertise there is no doubt that this Law Firm is everything plus that. Ron was very easy to talk with and clearly knew how to approach my case. I went to court for a child support/custody situation and it could not have worked out more satisfying for me if i had not had the Graziano & Flynn firm representing me in the most professional and knowledgeable way possible. I did not have to speak with the Judge not one time, i was represented absolutely well by my attorney Ron, he’s the best and i will continue to use him, if need be; Thank you so much.