Practice Area
Investment, Pension & Retirement
Boca Raton Divorce Attorney for Investment and Retirement Assets
Protecting Your Financial Future During Divorce
Investment and retirement accounts can represent some of the most valuable assets accumulated during a marriage. Determining what portion is marital, properly valuing the asset, and deciding how it should be divided can have significant long-term financial consequences.
Barbra works with clients to address investment, pension and retirement assets as part of the equitable distribution process. Whether you are protecting retirement savings you accumulated before marriage, seeking your fair share of assets accumulated during the marriage, or dealing with a financially complex marital estate, careful analysis is essential.
Retirement Benefits as Marital Assets
Under Florida law, vested and nonvested retirement benefits, rights and funds accrued during the marriage are generally considered marital assets subject to equitable distribution. This can include:
An account being titled in only one spouse's name does not necessarily make it that spouse's separate property. Conversely, amounts accumulated before the marriage may be nonmarital, although contributions, appreciation and other circumstances can make the analysis more complicated.
Investment Accounts and Complex Financial Assets
Divorce may also involve brokerage accounts, stocks, bonds, mutual funds and other investments. Questions can arise regarding when an asset was acquired, the source of the funds used to acquire it, whether nonmarital funds were commingled, and how increases or decreases in value should be treated.
In financially complex divorces, Barbra may work with accountants, financial advisors, valuation professionals and other experts when appropriate to identify and evaluate these assets.
Dividing Retirement Accounts Properly
The manner in which a retirement asset is divided can be just as important as its value. Certain retirement plans may require a Qualified Domestic Relations Order (QDRO) or another specialized order to implement the division of benefits.
A divorce settlement should consider not only the amount each spouse receives, but also tax consequences, liquidity, timing of distributions and the client's overall financial position after divorce.
Barbra approaches these issues as part of the entire financial picture rather than viewing each account in isolation.
Protect Your Long-Term Financial Interests
Investment and retirement assets can affect your financial security for many years after a divorce is completed. Barbra Amron Weisberg, P.A. provides strategic representation in Boca Raton and throughout South Florida in divorces involving significant and complex financial assets.
Schedule a private consultation with Barbra Amron Weisberg, P.A.