Valuing and Dividing Retirement Accounts During Divorce
In California, retirement accounts, pension assets, 401K contributions, stock options and privately held shares must be analyzed to determine their separate and cofmmunity property value and then divided accordingly. In many cases, actually distributing the funds is not feasible, or the recipient would be subject to excessive taxes and penalties, so QDROs (qualified domestic relations orders) must be employed.
At the Law Offices of Hugh Thomson, I advise and represent high net worth individuals in complex property division matters involving these and other types of assets. I have extensive experience in the characterization of assets, the valuation of assets and the division of assets during divorce.f
Call my San Jose offices at 408-298-4000 or contact us online to schedule a consultation to discuss the valuation and division of retirement, pension and 401K accounts.
I will work to achieve a satisfactory division of community assets, while protecting your share of the community assets and your separate assets.
Tracing and Timing of Contributions and Disbursements
When a pension or 401K account was begun before a marriage and then contributed to afterwards, special analyses must be made. Tracing the transformation of assets becomes more difficult when a rollover or partial 401K disbursement occurs.
My experience in these and other property characterization matters is extensive and covers a wide range of circumstances. I have the experience and knowledge needed to identify and characterize assets.
Valuing Stock Options and Private Stock
Financial assets such as brokerage accounts, pensions and 401K accounts are typically easy to value but difficult to characterize. Other financial assets are much more difficult to value. Valuation of stock options and private stock shares is not always straightforward. In this work, I have the advantage of more than 30 years experience as a lawyer in these and other complex property division matters. In addition, I regularly work with a number of financial analysts and fiduciary specialists who can provide insights and expertise to the task.
During the property division process, my firm will work to protect your rights and your assets at all times.
For a consultation with attorney Hugh Thomson, call my office at 408-298-4000 or contact us online. Located in San Jose, my firm serves clients throughout Silicon Valley.
