(561) 338-5297 Boca Raton Divorce Lawyer & Family Law Attorney
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Retirement and Investment Assets
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Retirement And investment Assets Lawyer Boca Raton
Retirement and investment assets can be challenging during a divorce, which is why such divorce cases require the care of an experienced Boca Raton divorce attorney. For many divorcing couples, retirement and investment accounts are among the most substantial assets that will be up for negotiation. In some cases, these accounts are rather easy to identify as marital property no matter how large the portfolio or the account balances may be. These accounts can be liquidated and divided, bought out by one spouse or settled.
If you are facing divorce and you have retirement and investment accounts, you will need an experienced attorney by your side that has experience in these matters so that the accounts can be treated fairly in the divorce process.
Experience With Complicated Asset Division Cases
There are cases where the division of pension and investment accounts is made more difficult by characterization issues, vague terms of a prenuptial agreement, or valuation problems. There are some 401(k) accounts or benefit pensions that could be difficult to valuate or divide if a portion of their value existed before the marriage.
The types of accounts that may be involved include:
Family business, investments in closely held corporations, and liquid assets
Real estate investments
Public employee pensions
Retirement accounts, such as 401(k) accounts
Defined pension benefits
All of these accounts are going to be scrutinized to determine which is marital and which isn’t so that the assets can be divided accordingly.
Because Florida is an equitable distribution state, the state starts from the presumption that marital property will be evenly divided. It is up to each party to show why one or the other should receive a larger share of the assets. Once your attorney is satisfied with the strength of the legal position and the stability of the strategy, a court hearing can be recommended to avoid any concessions that are unnecessary.
Fighting For Sound Solutions
Your attorney will fight for sound solutions for you. Your case will be thoroughly evaluated so that every detail is known. This is important to ensuring that the right strategy is utilized. It is through the right strategy that you are more likely to get the result that you need. Being that retirement is very expensive, it is important that such assets are divided fairly so that adequate retirement income can be received when it is time to retire.
Contact A South Florida Family Law Lawyer
Retirement and investment assets are asset types that can present a challenge in a divorce. If you have retirement and investment assets and you are facing a divorce, you can work with a divorce attorney that is highly skilled, knows the law, and has access to many resources. To learn more about your rights and options, call the Law Offices of Ronald M. Zakarin, P.A. at 561-338-5297 to schedule a free consultation.