“Understanding Your Rights to Your Spouse’s Retirement in Divorce” – (801) 903-2616 – Divorce Attorney Salt Lake City

by | Dec 27, 2023 | Spousal IRA | 2 comments

“Understanding Your Rights to Your Spouse’s Retirement in Divorce” – (801) 903-2616 – Divorce Attorney Salt Lake City




Divorce Attorney Salt Lake City
Am I Entitled To My Spouse’s Retirement?
In the case of a divorce, you are entitled to a portion of any retirement assets that are built up during the course of your marriage.

If your soon to be ex-spouse had a retirement account before you were married, you may only be entitled to a portion of the amount built up after you were married.

When you hire Arnold & Wadsworth and become part of our family you can be sure that your case will be handled with effeciency and professionalism. We spend quality time with clients to assess the individual needs of our clients during the consultation stage and throughout your case.

With over 35 years of trial practice and litigation experience, Arnold & Wadsworth brings big firm expertise to you at affordable rates. Contact us now and talk to an attorney about your case and learn how we can help you through these difficult times.

Arnold & Wadsworth Salt Lake City Office
510 S 200 W, #200
Salt Lake City, UT 84101
(801) 903-2616

Arnold and Wadsworth Ogden Office
298 24th Street
Suite #230
Ogden, UT 84401
801.475.0123

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Am I Entitled To My Spouse’s Retirement?

One of the most common concerns during a divorce is the division of assets, particularly when it comes to retirement funds. Many individuals wonder if they are entitled to a portion of their spouse’s retirement savings, and the answer to that question depends on a variety of factors.

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In the state of Utah, retirement funds accumulated during the marriage are typically considered marital property and are subject to division in a divorce. This means that spouses will likely be entitled to a portion of the retirement funds, regardless of whose name is on the account.

It’s important to note that the specific rules regarding the division of retirement funds may vary depending on the type of retirement account. For example, 401(k) plans, pensions, IRAs, and other types of retirement accounts may have different rules and regulations governing how they are divided in a divorce.

To ensure that you receive a fair and equitable portion of your spouse’s retirement savings, it is important to seek the guidance of a qualified divorce attorney. A knowledgeable attorney can help you understand your rights and work to negotiate a fair division of assets during the divorce process.

If you are considering divorce and are concerned about the division of retirement funds, it’s important to act quickly and seek legal counsel as soon as possible. Waiting too long to address these issues can result in missed opportunities to protect your financial future.

In conclusion, individuals going through a divorce in Salt Lake City should be aware that they may be entitled to a portion of their spouse’s retirement savings. To ensure that you receive a fair division of assets, it’s crucial to consult with a qualified divorce attorney who can provide the guidance and support you need during this challenging time. If you have any questions or concerns regarding the division of retirement funds in a divorce, don’t hesitate to reach out to a trusted attorney for assistance.

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