Dividing Retirement Assets In Divorce

In Alabama, retirement assets are not divisible unless the marriage has lasted 10 years by the date of the divorce filing. If your marriage has lasted at least a decade and you or your spouse have accumulated retirement assets, it is important to understand your financial interests going forward.

At Beverlye Brady and Associates in Auburn, we provide skilled representation in property division matters, and have extensive knowledge and experience regarding the division of retirement assets such as 401(k)s, IRAs and pensions. We are committed to helping our clients understand and plan for their future post-divorce.

Protecting Your Share Of Retirement Assets

Property acquired during marriage, including retirement assets, is subject to equitable distribution upon divorce. Many factors can affect the division of retirement assets, including:

  • The value of the account at the time of the marriage
  • The amount of appreciation during the course of the marriage
  • When the plan participant was fully vested

We can guide you through the process of dividing retirement accounts, including preparing a qualified domestic relations order (QDRO) that establishes the nonparticipant spouse's right to a share of the assets.

Contact Us For Experienced Property Division Guidance

Call us today at 334-246-5299 to arrange a confidential consultation with an experienced property division attorney in Auburn.