Retirement, Investments & Divorce
Retirement accounts and investment accounts are considered marital property in Utah and, as such, should be divided equitably between the two spouses as part of their property division settlement. Valuation and distribution of these types of accounts can become quite complicated and you would be well-advised to seek the help of an experienced attorney.
How Are Retirement And Investment Accounts Divided?
Once an accurate value is determined for the retirement and investment accounts, a qualified domestic relations order, or QDRO, is submitted to the plan administrator with instructions for how the benefits are to be distributed and when they are to be paid. In some instances, the spouses may agree on other property division stipulations in lieu of dividing retirement accounts.
I have experience in these matters and will work on your behalf to obtain the most favorable settlement possible given your unique circumstances. I also help clients in areas of law related to retirement, including estate planning and wills. I handle all aspects of your case personally so you can feel confident that everything is being done efficiently and professionally.
Questions About Your Accounts? Contact Me.
At the office of David R. Hartwig, Esq. in Salt Lake City, Utah, I help people throughout the state seek a fair and equitable agreement for distributing their retirement accounts. I have been an attorney since 1984 and I’m a trained mediator. It is my commitment to help you reach agreement on these issues in the most stress-free manner possible.
Contact my office to schedule a meeting to discuss your retirement, probate or property division questions. I am available during regular business hours or by appointment.