If you’re going through a divorce, it’s tough to protect your retirement.
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Clients frequently ask how they can protect their retirement funds during a divorce. This is a bit tricky because, without a prenup (done before the marriage) or postnup (done during the marriage), there’s no feasible way to keep your spouse from having access to your retirement funds. If you contribute money during your marriage, your spouse is entitled to the increase in value during that time. You are entitled to the value before the marriage and after the date of separation.
However, agreements can be made. For example, one party could keep all their retirement and the other party may get to keep the house.
If you want to learn more about various divorce topics of law in California, please explore our website. If you have any questions, contact me via phone at (626) 513-8227 or email me. I would love to help you.