Retirement Assets

As saving for the future becomes more and more critical to successful financial stability, so does the importance of correctly valuating and dividing retirement assets during divorce proceedings. People often have many questions and concerns about portion of these types of accounts is separate or community property under California law. An experienced divorce lawyer should be able to provide a clear explanation.

Thomas E. Bouman is a retirement asset division lawyer who has been serving San Jose since 1988. His accounting and business background that often proves useful when helping clients navigate property division negotiations. If you have questions about retirement asset division and the division of other types of marital property, contact our office to schedule a complimentary phone consultation.

We have experience resolving retirement asset division matters involving all types of accounts such as:

  • IRA
  • 402(k)
  • 403(b)
  • PERS (California Public Employment Retirement System)
  • PARS (California Public Agency Retirement System)
  • Other types of state retirement accounts
  • Military retirement benefits

A Divorce Attorney in Santa Clara County Who Looks at Every Detail

We know how to deal with any type of tax incurred retirement plan as well as other types of investment accounts that are used for retirement purposes. Whether you require a QDRO (qualified domestic retirement order) or not, we can help you correctly submit this paperwork. We can help people who were short- or long-term employees and contributed to state or private plans.

It is also important to evaluate retirement interest and stock or brokerage accounts subject to retirement asset division. Analyzing the purchase price and the full portfolio are crucial components.

More importantly, we know how to ascertain what portions of these retirement assets are community or separate property when it comes to division. We also understand how to calculate the tax implications involved with retirement asset division.

Our law firm counsels people about how to properly negotiate different assets. While many people think trading cash for the value of a retirement asset might be equal, without properly considering the tax consequences, this may not be a fair exchange. We work with CPAs and QDRO specialists to help make sure our clients are in the best position when trying to arrive at a fair settlement that encompasses all assets.

Retirement Assets Are a Critical Component of Property Division

Retirement asset division is often complicated, technical and time consuming. Having experience and skill on your side can create peace of mind that will allow you to reach your goals with ease and clarity.

To learn more and receive advice about your specific circumstances, contact the Santa Clara law office of Thomas E. Bouman, Attorney at Law, today to schedule a free phone consultation.