Dividing Retirement Benefits During Texas Divorces
When it comes to retirement benefits in divorce, the situation is nearly always complex. The fundamental question comes down to what part of these benefits gets divided, and further, how is it that one values assets that will not become payable until many years later.
Similar issues arise in the area of deferred compensation. When it comes to 401(k)s, for instance, portions of the asset may be marital as well as nonmarital. Because of Texas’ community property laws, one can only value what is accumulated during the marriage prior to division.
None of this takes into account tax, depreciation, basis reporting and capital gains issues, all of which add another layer of complexity onto this already immensely complicated area of law. It is no stretch to say that forensic expertise is an absolute necessity.
If you are working through these complex retirement benefit issues in your divorce, The Haston Law Firm, P.C., is prepared to bring precisely that expertise to your case.
Providing You With Skilled Legal Assistance Throughout The Houston Area
Our board-certified ( by the Texas Board of Legal Specialization) family law attorney Craig Haston and our team will apply more than 20 years of complex property division experience to your case. Our goal is to help you obtain an ideal outcome that preserves your financial well-being.
We have extensive experience in some of the most complex Texas property division issues and are prepared for nearly any issue. In cases when a higher level of forensic/tracing expertise is needed, we reach out to our celebrated network of experts to calculate and divide even the most complex of assets.