The Division of Retirement Accounts in a Divorce

The Division of Retirement Accounts in a Divorce

How do you handle division of retirement accounts in a divorce?  Most Louisville and Jefferson County divorce cases these days include the division of retirement accounts such as 401(k)s, IRAs, or pension funds.  These assets are eligible for division as marital property in Kentucky.  The process for ensuring that these assets are properly accounted for and managed as part of …

How are Retirement Assets Usually Divided in a Louisville Divorce

How are Retirement Assets Usually Divided in a Louisville Divorce?

How are retirement assets usually divided in a Louisville divorce?  Retirement assets in a divorce are usually characterized as “marital property” and therefore must be divided equally as part of the marital property division process.  If the parties’ retirement assets are 401ks the Court must issue separate orders for the division of the retirement asset.  These are accomplished with a …