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Retirement Accounts & Divorce

What You Need to Know Explained by a Raleigh Divorce Lawyer

Retirement accounts are a common part of most divorce cases; in fact, they can be the largest asset in a marriage. Certain difficulties, however, can arise when trying to divide retirement accounts, so it is best to have legal assistance from a divorce lawyer who knows how handle this type of issue. When retirement accounts are divided, taxes and penalties may result because of the division.

Hopper, Hopper & Mulligan, PLLC will do everything necessary to make sure you do not lose hard earned money because of taxes or penalties from dividing a retirement account. Have confidence with your divorce case by contacting our firm. Our Raleigh divorce attorney is ready to provide you with the support you need!

Process of Dividing a Retirement Account

Dividing a retirement account can be a difficult, complex process that will require assistance from your attorney. A court order can be entered to divide a retirement plan; once this happens it must be decided how the plan will be divided.

A property division lawyer can be extremely helpful during this process because if it is not handled properly, the division can create serious problems for pension and other types of defined benefit plans. Court systems have ways of computing the division, but do not have your long term financial goals or plans at heart, so by having a knowledgeable lawyer from our firm present during retirement account division you will do much to protect your assets.

Call (919) 876-3300 to Protect Your Money

There are many ways that retirement accounts can be divided, and the experienced attorneys at Hopper, Hopper & Mulligan, PLLC know exactly what to do to protect your hard earned money. Our Raleigh family lawyers will work with you to make sure your retirement account is divided fairly in a way that will reap little or no financial penalties or fees.

Don’t risk losing what you have worked so hard to gain by hiring an attorney who doesn’t know how to properly handle the division of a retirement account. Consult with a Raleigh family law attorney at Hopper, Hopper & Mulligan, PLLC today!

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A long-time client, I have utilized Hopper Law Firm PLLC for divorce, child custody, traffic matters, contracts, & a business formation to name a few. Through the years, I have always found the attorneys & staff to be both professional & personable w/ a knack for putting people at ease during difficult times. More importantly, I have gotten consistently successful results in all of my courtroom cases, a lucky streak I attribute to the knowledge, experience, & skill of the persons advocating for me
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