On behalf of Michael G. Putter, Attorney at Law | Oct 22, 2020 | Blog, Division Of Pensions
If you get divorced in New York state, you may be entitled to a portion of a former spouse’s pension benefits. In most cases, the Majauskas formula is used to calculate how much an individual is allowed to receive. However, other methods may be used to create an...
On behalf of Michael G. Putter, Attorney at Law | Jun 23, 2020 | Division Of Pensions
The division of retirement assets in a divorce is a complex matter that requires special considerations. You can’t just look at the total on the most recent statement and go off that. One of the primary things that you need to determine is whether the retirement...
On behalf of Michael G. Putter, Attorney at Law | May 1, 2020 | Division Of Pensions
A Qualified Domestic Relations Order (QDRO) is a very valuable tool to use if you are getting divorced and your partner has a pension or a retirement plan. Even though they may not be retired yet, they earned a portion of that plan during your marriage, and that makes...
On behalf of Michael G. Putter, Attorney at Law | Mar 26, 2020 | Division Of Pensions
There’s a lot of misinformation floating around about what happens in a divorce and what rights people have regarding pensions and retirement accounts. One mistake people make is to assume that their spouse is the only one with a right to the pension because the...
On behalf of Michael G. Putter, Attorney at Law | Mar 26, 2020 | Division Of Pensions
Whether you’re nearing retirement age or not quite there yet, your retirement or pension plan is likely one of your largest and most valuable assets. If you and your partner are headed towards divorce, any of these savings earned by your or your ex during your...
On behalf of Michael G. Putter, Attorney at Law | 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...
by Michael G. Putter, Attorney at Law | Sep 13, 2019 | Division Of Pensions
When you have complicated assets to divide, like a pension, it’s important to take a moment and consider all of the different things that your decisions today could affect for years to come. For example, here are some of the questions you need to think about...
by Michael G. Putter, Attorney at Law | Aug 2, 2019 | Division Of Pensions
When you are going through a divorce, you might have to take steps to protect your pension. While there isn’t a good chance that you will walk away with 100% of it, there might be some hope for keeping your financial security intact. Before you automatically...
by Michael G. Putter, Attorney at Law | Jun 28, 2019 | Division Of Pensions
A Qualified Domestic Relations Order (QDRO) is one of the most misunderstood parts of property division following a divorce. Most people think that their divorce decree alone is enough to grant access to their share of their ex-spouse’s pension or retirement...
by Michael G. Putter, Attorney at Law | May 17, 2019 | Division Of Pensions
Pensions are often a top priority when you are divorcing. The person who was working likely put a lot of time in to get the pension to where it is today. When it is time to divide this asset, there are some unique considerations to think about. One of the most...
