Tag Archives: What will happen to my retirement

What will happen to my retirement, 401(k), pension and other assets in a divorce?

People considering divorce face a flood of concerns: about their children, and their futures, their home, their finances, and their belongings. There are many challenging aspects to divorce, one of which is dividing assets. What happens to assets during a divorce? The first thing to know is the difference between pre-marital assets and marital assets. Pre-marital assets are belongings or other items that were owned by either spouse prior to the marriage. This could include furniture, real estate, financial gifts from relatives, an inheritance, art, etc. Note that,Continue reading