When a marriage ends, each spouse must consider his or her economic future and how dividing marital and nonmarital assets will affect each one’s financial foundation. An experienced Houston divorce and division of employee benefit and retirement assets attorney can help you reach a property division agreement as part of your divorce action that will protect your interests, rights, and future.
At Connolly & Shireman, located in Houston, Texas, we strongly believe in protecting our client’s financial foothold by carefully evaluating all of the relevant information and seeking the best possible outcome when assessing and negotiating your benefit division needs. If you are going through a divorce and want to know more about how we can help you protect your IRA and 401(k) valuation rights, contact us today to meet with an experienced attorney.
At our law firm, we take the time to get to know every aspect of your client’s financial situation so we can best assess how a divorce and division of retirement assets will affect your future. Our attorneys will help you realize the true value of the someone’s financial portfolio that may be subject to division, including:
- Investment accounts
- Employee benefits
- Traditional and Roth IRAs
- Stocks, bonds, mutual funds
We can help provide guidance and present to the court what parts of these assets are separate and community property. We also work with financial experts when the valuation of these types of assets are at issue and we will aggressively negotiate on your behalf to reach a verdict or settlement that is fair, equitable, and meets your needs. We have extensive experience helping client’s divide employee benefits and other assets such as retirement accounts fairly, equitably and strategically.
If you and your spouse to reach an agreement regarding these assets as part of the overall property settlement, we will then need to determine the best ways to carry out your agreement while protecting your rights. This may include agreeing on liquidation and a lump sum payment, scheduling a payment plan or seeking an enforcement action if one party refuses to comply once an agreement has been put into place.
We will also take into account how an economic downturn may have affected the value of these types of assets and may not now reflect they’re assumed or projected worth. This may lead us to figure out other creative ways of dividing assets and debts to compensate for the lost value.
Contact Our Knowledgeable Harris County, Texas, IRA 401(k) Valuation Lawyers Today
We know this is a difficult and confusing time. We are here to help make things easier and clearer. Contact us to discuss your concerns with an experienced Texas divorce lawyer.