Division of Non-Qualified Retirement Plans
Work With Our Alpharetta Property Division Attorney
One of the most complicated factors of a divorce is the
division of marital assets. As such, if you are about to begin your high-net worth divorce proceedings,
you could greatly benefit from our legal representation at the Law Offices
of David E. Oles. Our
Alpharetta divorce lawyer can help you defend and protect what is rightfully yours!
Contact us today at (770) 648-0744.
Understanding Non-Qualified Retirement Plans
Non-qualified retirement plans include those that are generally given to
high-ranking employees, such as key executives. These plans differ from
standard IRA or 401K plans as a result of their unique regulations. Non-qualified
retirement plans may be considered marital property that can be divided
in a divorce. It is important to understand that the division and distribution
of non-qualified retirement plan benefits is a both difficult and complex process.
You may be able to avoid having your non-qualified retirement plan divided
prior to retirement by taking one of the following steps:
- Increase alimony payments under the circumstances that your plan remains
- Exchange valuable assets in return for the value of your former spouse's
share of the plan.
- Build an agreement that states you will pay your spouse a percentage of
your monthly payout upon retirement.
It would be within your best interests to seek the legal counsel of our
experienced attorney as soon as possible. When you choose to work with
our firm, we will assess your plan and guide you down the avenue that
best suits your needs.
The Helpful Guidance You Deserve - Call 770-648-0744
At The Law Offices of David E. Oles, our mission is to help each and every
one of our clients feel a sense of ease amidst the complexities of the
legal system. After we have thoroughly reviewed your case, we make sure
you are well aware of your rights and legal options.
free initial case evaluation,
pick up the phone and
contact The Law Offices of David E. Oles.