Divorce After 50 - Unique Issues Older Couples Face


If a divorcing couple is retired, the division of retirement assets can be complex. You may need to get a Qualified Domestic Relations Order (QDRO), which is a separate court order that covers the division of retirement benefits.

Decisions to be made also include:

?• Whether one spouse can receive survivor benefits if the other spouse dies

?• When each spouse can receive benefits and how to avoid tax penalties

?• The entitlement to retirement plan contribution made following the divorce

?• If any loans have been taken out against a retirement plan, how that should be repaid before assets are divided

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Scott David Stewart, Stewart & Lane, PLC | Attorney Advertising

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