While an uncontested divorce in Illinois can be fast and affordable, that doesn’t mean everything is totally simple. One of the areas that people often find confusing is the division of reitrement accounts such as an IRA, 401k, pension, 403b, or deferred compensation. As a divorce lawyer in Illinois, I wrote this artilce about three tips for splitting retirement accounts in divorce. (more…)
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Steps to Dividing Retirement Accounts in Divorce: 401k, pension, IRA, 403b, TSP
If you or your spouse has a retirement account and you want to get an uncontested divorce in Illinois, there are a few things you should know. You can check out his article, or call me at 224-300-0529.
As a flat fee uncontested divorce lawyer in Illinois, I can tell you that dividing retirement accounts is often confusing. In an uncontested divorce – or even in a contested divorce that settles – splitting retirement assets often takes planning and a bit of financial analysis. So whether your dividing a pension, 401k, IRA, 403b, or deferred compensation – check out this article to demystify the process a bit. (more…)