Protecting Your Retirement Savings During a Divorce
Most people save towards retirement for years, carefully putting away assets so that they can properly enjoy their "golden years." When a divorce puts these assets in jeopardy, the experience can be stressful.
If you are wondering how to protect your financial interests during a divorce, talking with the lawyers at Stange Law Firm, PC, can help. We focus exclusively on family law and provide a superior level of customer service to our clients. The result? We have been recognized as one of the leading law firms in Missouri and Illinois and have established a reputation for favorable results in even the most complex divorce proceedings.
In divorce proceedings, equitable distribution of retirement funds requires proper valuation and division of retirement benefits:
- 401(k) plans
- IRA accounts
- Corporate pensions
- Military pensions
These assets are often from pre-tax savings and should be divided differently than assets typically purchased after tax, such as real estate. We address these taxation issues by paying close attention to detail, making sure that every aspect of property division has been properly managed.
A qualified domestic relations order (often called a QDRO) can help you protect your financial interests during a divorce. At the Stange Law Firm, our attorneys often talk with clients about the implications a QDRO may have on division of retirement accounts between spouses.
Contact an Attorney Who Understands The Finances of Divorce
We have written an article to help give you tips and more information on the topic: Tips for protecting your investments in the case of a divorce and Missouri Tax Issues in Divorce and Family Law Matters.
To learn more about our approach to high-asset property division, contact us online or by phone to schedule a confidential half-hour consultation at any of our convenient locations. We have offices throughout Missouri and Illinois in the Midwest in cities such as St. Louis, Kansas City, Columbia, Springfield, and beyond.