Division of Non-Retirement and Retirement Assets and Debts

Warren Equitable Distribution Lawyers

The division of property accumulated during the marriage (equitable distribution) is often one of the most contentious aspects of a divorce or dissolution. The attorneys at Shimalla, Wechsler, Lepp & D'Onofrio, LLP are experienced in negotiating agreements that provide our clients with the assets to which they are entitled. As necessary, we work with appraisers, business valuation experts, and accountants to obtain accurate values of property such as real estate, securities, stock options, corporations, partnerships, sole proprietorships, retirement assets, valuable collections and personal property. To ensure your rights are protected in the division of assets, contact our office for assistance.

Retirement Assets

Retirement savings and pensions can be a couple's most valuable assets. There are legal procedural requirements for division of retirement assets that require professional legal support. At Shimalla, Wechsler, Lepp & D'Onofrio, LLP in Warren, New Jersey, we understand these requirements and can help with the allocation and division of pensions and retirement plans through Qualified Domestic Relations Orders (QDROs) and Domestic Relations Orders (DROs). Even though your marriage, has ended, you can still protect your rights to retirement account benefits that will be paid in the future.

When your future benefits are at stake, our attorneys will protect your rights. Contact our office for assistance in the division of a retirement accounts.

You are entitled to equitable division if your spouse's retirement account was established and/or grew from contributions made during the course of your marriage.

 

Qualified Domestic Relations Orders (QDRO)

Qualified Domestic Relations Orders are court orders that govern the division of certain retirement benefits following a divorce. These can be pensions, 401Ks, or other retirement plans. The QDRO instructs the retirement plan administrator on how benefits will be divided between the two spouses.

Domestic Relations Orders (DROs)

At Shimalla, Wechsler, Lepp & D'Onofrio, LLP , we also assist clients with Domestic Relations Orders (DRO's) for non-qualified plans. These include retirement benefit plans for teachers, firefighters, police officers, and government employees.

Contact our Warren Township, Somerset County New Jersey firm by e-mail or call 908.922.4238 today to schedule a consultation with one of our QDRO and retirement account division lawyers.

Three of our named partners are Certified by the Supreme Court of New Jersey as Matrimonial Law Attorneys.

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