Retirement Assets And Divorce

One of the more challenging aspects of asset division in a divorce is often the matter of division of retirement assets. The very idea of retirement assets can seem abstract and far-off in consequence to young people approaching divorce. However, the outcome of a property division settlement or court order can have a lifelong impact — and perhaps nowhere is that more true than in the case of retirement income. The notable court case known as Woodward v. Woodward in Utah established a precedent. This precedent made it clear that retirement benefits that accrued during the time the parties were married would be divided evenly.

Retirement Assets As Marital Assets

At the law offices of Kristopher K. Greenwood & Associates, our family law attorneys advise parties in Utah divorces. We offer counsel and assistance regarding retirement assets including:

  • Pensions
  • IRAs
  • 401(k) accounts
  • Retirement assets divisible through qualified domestic relations orders or QDROs

We often find that spouses do not voluntarily disclose retirement assets. Sometimes this may be inadvertent, but all too often, it seems to be deliberate. Our Salt Lake City divorce lawyers are well-experienced at locating retirement assets and ensuring that they are properly valued.

Educating And Advocating For Clients Approaching Divorce

As you prepare to divide up assets in a Utah divorce, consider the importance of working with a lawyer you can trust. At Kristopher K. Greenwood & Associates, we are here to give you the information and guidance you need to make the right decisions.

Contact An Ogden, Utah, Complex Divorce Attorney

Do you need legal guidance regarding retirement asset division in a Utah divorce? Contact us today online or by telephone at 801-317-8968 to arrange a consultation with an experienced Utah family lawyer.