How do I divide retirement assets in a divorce?

When it comes to dividing retirement assets in a divorce in New Hampshire, the process is a bit complex. First, you must be sure to include all the assets that qualify as retirement funds such as 401ks, pension plans, and IRAs. Once you have identified the assets, you must decide how to divide them. This typically involves negotiations between the two spouses and their attorneys. In most cases, each spouse will keep their own retirement assets unless a court order dictates otherwise. When splitting retirement assets, the court will consider several factors, such as the length of the marriage and the ability of each spouse to support themselves. When the court makes its decision, it will issue a Qualified Domestic Relations Order (QDRO). This order requires the plan administrator to divide the retirement assets according to the court’s specified division. Depending on the plan, assets may be divided either as a single sum or as an annuity payment. In addition, the court may also order spousal support or other financial considerations. The court will also review all the financial documents to ensure that each party gets a fair share of the retirement assets. Overall, divorces involving retirement assets can be quite complex. It is important to consult with an experienced family law attorney to make sure that your rights are protected and that your assets are divided fairly.

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How do I divide retirement assets in a divorce?

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