Retirement assets are often the largest assets in a divorce case. The attorneys at Dudley and Smith, P.A. have dealt with every kind of retirement asset and the division of protection of the same.
If you and your spouse both have retirement assets, you may elect to keep your own. But if they are unequal in value, you may be able to claim a share of your spouse’s retirement asset. For the divorce decree, it is very important that you define what the retirement asset it and how it is to be divided. If not, you could lose the right to come back and claim your share. You often need a qualified domestic relations order (QDRO) to elect your share. Allison J. Rapp Fredrickson has analyzed and valued all types of retirement assets. If you are the spouse that has the majority of the retirement assets, you may want to protect as much as you can. Many people going through a divorce aren’t thinking ahead to retirement and may leave a significant portion of money out of the divorce settlement. Consult with Allison J. Rapp Fredrickson today to find out how to get what you are entitled to.
If you are the spouse that holds the retirement assets, you should be looking to protect those assets as best you can. The attorneys at Dudley and Smith, P.A. are skilled at negotiating settlements that benefit your future. One way to do this is offer a buyout on a retirement asset if a party is eager to have cash in hand. Call us today at 651.291.1717 to discuss these options.
Contact Allison Fredrickson at afredrickson@dudleyandsmith.com or learn more about her practice approach at www.dudleyandsmith.com. Allison is well versed in all types of retirement assets and ready to discuss settlement options. Dudley and Smith, P.A. is a full service law firm with offices in St. Paul, Bloomington, Burnsville, Chanhassen, White Bear Lake, and Woodbury.