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You deserve a fair share of your spouse’s retirement savings

On Behalf of | Mar 10, 2020 | Division Of Pensions

When couples get divorced, they sometimes endure seemingly endless negotiations about who gets what in the final decree. Dividing assets is never enjoyable for either party, but it is necessary. After all, when you put yourself and a large portion of your life into a marriage, it is natural to expect a fair share of assets if the marriage ends.

Many New York residents don’t realize that part of the property division process includes dividing retirement assets. A qualified domestic relations order (QDRO) is a legal means of ensuring that you get your share of your spouse’s retirement funds. If this sounds complicated, rest assured that divorce lawyers know what this means. However, it may be up to you to initiate a conversation about a QDRO.

It is usually best to put a QDRO in place while your divorce is in progress. Still, if you are already divorced and did not get a QDRO, it is not too late to do so. Unfortunately, not all divorce attorneys provide QDRO services. In some cases, this may mean that you must do the work on your own or seek a new attorney.

In our family law practice, we have experience preparing QDROs, and our lawyers know how courts handle these matters. Whether you are in the process of divorcing or you have been divorced for some time, we can help you draw up a QDRO that reflects your interests.

We urge you to continue reviewing our website for more information about QDROs. You may also reach out to our attorneys for personalized guidance.