Divorce and Retirement: It's a Matter of Trust
Written By:
By Gregg Greenberg | Featuring Allen A. Drexel, Partner Gallet Dreyer & Berkey, LLP
Retirement funds often make up a considerable — if not the largest — portion of assets to be divided in a divorce settlement.
That makes obtaining all the necessary account information key — if not vital — for those seeking to get their fair share of the stakes.
“Getting your fair share in a divorce settlement is typically straightforward if the retirement account is marital property. The key is getting the correct information,” said Josh Strange, founder and president of Good Life NOVA.
Depending on the length of the marriage, a lawyer may ask for several years of statements. If a spouse fails to produce adequate responses, the opposing lawyer will file a motion to compel discovery with the court.
Allen A. Drexel
Allen A. Drexel concentrates his practice on complex family law issues, including divorce, equitable distribution of business and financial assets, spousal and child support, contested child custody cases, paternity proceedings, prenuptial and postnuptial agreements, and same-sex family law matters.