Retirement Assets And How They Fit In Divorce Settlement
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 likes 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.
That’s where I come in. I am Robert Dapelo, a Long Island divorce attorney and founder of The Law Offices of Robert W. Dapelo, Esq., PC, in Patchogue, New York. My more than 30 years of legal experience have given me a robust understanding of how to effectively handle retirement assets in the 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.
Navigating The Challenges
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. In such legal situations, I have helped many clients navigate high net worth divorce cases.
A Knowledgeable Attorney On Your Side
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 Patchogue, New York. Call 631-654-9500 to arrange an appointment or send an email. Se habla español.