Novi Asset and Property Attorney
Divorcing spouses have a right to claim a portion of investment assets that were accumulated during marriage. These can include:
- Retirement accounts
- 401(k)s
- Stocks
- Bonds
- Pensions
- Mutual funds
- Certificates of deposits
- IRAs and Roth IRAs
Before distributing investments during divorce, it is advisable to consult with a knowledgeable, qualified attorney. At our Michigan law firm, we have extensive experience handling the division of property. Our lawyers have helped protect the financial interests of clients since 1998 and are committed to preserving your rights.
Trust Your Investments to a Southfield Asset Distribution Lawyer
Determining the amount of investment assets to which you are entitled can be complex. Many individuals bring assets to a marriage that subsequently grow and shrink over the course of several months or years. It can be hard to discern the exact amount that accumulated during the marital relationship.
At Dart Drouillard, P.C., we have extensive experience litigating divorce and investment matters. We know how to accurately pinpoint the value of assets on the date of the marriage and on the date of divorce. Our lawyers will listen to your concerns and respond promptly by developing legal strategies that meet your aims. If holding onto your pension or 401(k) is your paramount priority, we will do our utmost to ensure that your premarital portion will be preserved.
Division of Retirement Benefits
Retirement benefits are managed by way of a qualified domestic relations order (QDRO). This court order is sent to the plan administrator (generally your employer) who will issue a lump sum payment from your retirement account to a claimant. A QDRO is typically issued after a divorce judgment is finalized and can be initiated by your spouse or his/her attorney. Without it, the claimant will not be able to receive a share of your retirement.
Division of investment assets can be confusing. That is why our Livonia property division lawyers are here to discuss your case with you 24 hours a day, seven days a week. Contact our firm to learn more about your options and the ways in which we can protect your rights. We are skilled litigators who know how to produce a favorable outcome in your matter.
