Pension Plans, IRAs & 401(k) Plans
Assisting With Complex Property Division In Divorce
Some of the most valuable assets an individual owns are pension plans, IRAs, 401(k) plans and other retirement assets. When facing divorce, it is important for individual parties to choose an attorney who knows what legal steps to take to protect their assets and investments.
At the law office of Vernier & Associates, PLLC, we apply our own knowledge and experience to each case, and frequently work with outside experts who provide fact-based information to aid in equitable property division. To learn more about how we can protect your individual and financial interests in divorce, schedule an appointment with us.
Community Property Division
Dividing retirement plans in divorce is extremely complex, so it is important to work with an attorney who has the skills and experience to effectively handle these types of cases. At Vernier & Associates, PLLC, our lawyers possess the experience and expertise needed to divide the following assets in divorce:
- Pension plans
- 401(k) plans
- Other retirement accounts
Assets acquired during marriage are considered community property, and therefore are subject to property division. If a retirement fund was started before marriage and continued to grow during marriage, only the portion acquired during marriage would count as community property. Typically, the longer the marriage, the more complex asset division becomes. More time equals more acquisition and commingling of assets.
The Employee Retirement Income Security Act (ERISA) is a statute that regulates the management of nongovernment pension plans. Our lawyers are familiar with ERISA laws and how they apply to retirement account division in divorce.
Contact Us For Help With Pension Plans, IRAs And 401(k) Plans
We are committed to using our skills, experience and resources to protect your retirement. To schedule an appointment with a North Houston divorce attorney, call us today at 281-882-3271, or contact us online. From our offices in The Woodlands, we serve clients throughout the Houston region and across the state of Texas.