Depending on your ages, earning power, and the length of your marriage, this may be a considerable portion or just a sliver of your retirement plan.
As a general rule, any retirement savings you had prior to the marriage are separate assets, so your spouse only has a claim on retirement savings that have built up during the marriage.
In a long marriage, this can mean that all of your retirement savings are marital property.
You should be prepared to lose quite a bit of the value of those accounts in your divorce, but by working with an experienced Brooklyn divorce attorney and being willing to negotiate where it counts, you can minimize your retirement losses.
The attorneys at Zelenitz, Shapiro & D’Agostino know how important your life savings are, and can help you protect them as much as possible in your divorce.
Call us today at 718-725-9601 and speak to an experienced Brooklyn divorce attorney for free.