For many New York couples, retirement accounts may constitute a significant portion of their net worth. Individual retirement accounts, pensions, 401(k)s, deferred compensation plans and the like are important assets that often give rise to issues during divorce. Determining the value of these assets — and fighting for a fair distribution — can be an uphill battle, especially without professional legal guidance.
There's where I come in. I am Robert Dapelo, a Long Island divorce attorney based in Patchogue. My 25-plus years of legal experience have given me a robust understanding of how to effectively handle retirement assets in divorce. Additionally, my skill in successfully navigating high net worth divorce cases gives me a leg up in handling complex property division matters. At my office, you can expect tenacious, results-driven representation.
How To Navigate The Challenges Associated With Retirement Accounts
Because most retirement assets can't be easily liquidated, effectuating a fair division can be complicated. Typically, a qualified domestic relations order (QDRO) must be used to accomplish the division and avoid incurring significant tax penalties.
An accurate assessment of your retirement assets is critical for protecting your interests when it comes to property division. I work with tax advisers, certified public accountants, appraisers and financial advisers to make sure my clients get the well-rounded advice they need.
These considerations are especially important for divorcing couples who are nearing retirement. The post-retirement lifestyle you planned may be in jeopardy. You can ease your worries knowing I will work hard to protect your rights.
Make A Wise Investment In Your Future
When your financial future is at stake, it is well worth the investment to seek qualified legal counsel from an experienced lawyer. Get an upfront assessment of your options during a free initial consultation at The Law Offices of Robert W. Dapelo, Esq., PC, in Suffolk County. Call 631-654-9500 or 888-325-6199 to arrange an appointment, or send an email.