All of us here at Jacobs Berger want to reassure our clients and business associates that their health and safety are our primary concern.

All of us here at Jacobs Berger want to reassure our clients and business associates that their health and safety are our primary concern and that we are also committed to the health and safety of our staff and our families. Though we are currently working remotely, we continue to operate as we always have, providing quality service and for us, it is “business as usual.”

We are offering telephonic and video calls, conferences, mediations, and strategic planning sessions to continue to service our clients and prospective clients, and are, of course, available for ongoing business partnerships via our virtual network!

If you have any questions or concerns, please do not hesitate to contact us via phone at 973-710-4366, by email, or, if necessary, carrier pigeon. (We are kidding about the last one, but you laughed, didn’t you?) Also, head to our social media pages for some tips on staying healthy, safe and sane during this time.

We are all in this together.

How are Retirement Accounts Handled in Divorce?

How Are Retirement Accounts Handled in Divorce?

Our partner Amy L. Miller, besides her exceptional work at our firm, volunteers as a Family Law Early Settlement Panelist in Morris and Sussex County and she volunteers as a pro bono attorney for Jersey Battered Women’s Services (JBWS).

In the following video, Amy goes over the benefits of reaching an agreement in retirement accounts division related topics.

During a divorce litigation, as part of the equitable distribution, the parties need to figure out between themselves by way of a settlement or, if they can not settle through the court, how to divide the retirement accounts. Sometimes that means that all the retirement accounts will be split right down the middle. Sometimes it can mean that each of you keep your own or some variation of that.

What is the Benefit of Reaching a Settlement?

The benefit to reaching a settlement is that you can craft a resolution that addresses how to distribute the retirement accounts and you can offset that with other assets, other obligations, or other debt. So, the retirement accounts are certainly something that will be looked at in distributing your divorce, but how are they distributed, and in what manner will be substantially effective on how you resolve all of the other issues in your case.

Consult Our Morristown Retirement Accounts Attorneys Today

At Jacobs Berger, our attorneys have extensive experience helping clients and families understand the financial issues in the middle of your divorce case in towns across New Jersey and Morris County, including Morristown, Madison, Randolph, Dover, Denville, Florham Park, East Hanover, and the surrounding communities.

To speak with our partner Amy L. Miller or a member of our qualified team today regarding your Pension or Retirement Accounts in a comprehensive and confidential case assessment, please contact us online or through our Morristown office at (973) 718-7705.

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