Investment and Retirement Accounts After Divorce
Division of property can become complex when it the marital estate includes investments and retirement accounts. For some couples, pensions, IRAs, and other retirement investments are the most significant assets they own. At Tyack Blackmore & Liston Co., LPA, we have extensive experience in the complex division of complex assets and we know how to identify your financial interests and protect your rights at the time of divorce.
Investment and retirement accounts will be handled like any other property in the estate. Even if you have a retirement account from employment or military service, you may have to divide those assets with your spouse at the time of dissolution or divorce. Any retirement assets that accrued during the marriage are considered marital property and will usually be divided. While the division can seem straightforward, assessing the value of an account and determining how much both parties are entitled to can be complex.
Our attorneys are experienced with the all aspects of the division retirement and investment accounts, including:
- The Ohio Public Employees Retirement System (OPEOS)
- Military pensions
- Professional corporation assets
- IRA accounts
- Qualified Domestic Relations Orders (QDROs)
- Division of Property Orders (DOPOs)
We have extensive experience with dividing assets in the Ohio Public Employees Retirement System and frequently work with teachers, fire fighters, police officers and other public employees in the division of assets. If you are a state employee or you are divorcing a public employee, it is important to consult with an experienced attorney who can protect your rights and long-term financial interests.
Protect your rights and access to investment accounts
Even though pensions will be divided equally, you may have opportunities to preserve certain funds that are not divisible. Our attorneys are experienced in handling complex cases involving retirement funds and can appropriately assess your rights and responsibilities while asserting your interests in court. Division of pensions and assets can become more complicated if the accruing party is not yet retired. We work with accountants and other professional experts who can accurately assess a pension's value and help you get the investments you are entitled to.
Please feel free to contact our office by calling 614-221-1341 or contact us by e-mail to schedule an initial consultation and case evaluation with our Columbus, Ohio, lawyers.
