New Mexico Division of Retirement Assets
Dedicated Albuquerque Family Lawyer Protecting Your Retirement
In the majority of divorces, retirement assets and pension plans are considered community property and are subject to the same property division guidelines as any other asset. It is common for contributions and interest earned during the marriage can be evenly split between you and your ex-spouse. A committed Albuquerque divorce attorney can help examine what exceptions might be made so you can keep your retirement assets. Cortez & Hoskovec, LLC has provided many clients with honest and aggressive representation that helped them keep some of the retirement that they earned.
To arrange a consultation with our Albuquerque retirement division attorneys, call (505) 544-5126.
Retirement Plans Subject to Distribution
In a divorce, many pensions and retirement assets are subject to equal distribution:
- Military retirement plans
- Civil service retirement plan
- Educational retirement account
- Public employee retirement account
- An investment or retirement plan that benefits from pre-tax exemption
A Form of Asset Division
Qualified domestic relation orders can allow for the retirement assets earned during the marriage to be evenly divided and distributed to each party. Each retirement plan that was gained during the marriage must be identified. Complications can arrive from the age of one of the parties and how much money is in the retirement account.
Call (505) 544-5126 for a Family Law Firm that Treats Clients as Individuals
With over 40 years of combined experience as Albuquerque family law attorneys, Cortez & Hoskovec, LLC can provide you with assertive legal representation. We can work with you through every step of the divorce process and protect your best interest. A divorce can leave you with a great deal of uncertainty about your financial future, having an experienced and knowledgeable lawyer by your side can bring you some peace of mind.
To learn more about the division of retirement, call us at (505) 544-5126.
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