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Crunching the numbersby Firmbee.com
Retirement
Questions

Why do I have to share retirement when I am the one that earned it all?

Retirement earned during a marriage is considered marital/shared property regardless of who earned it.  Any funds that were diverted into retirement during the marriage could have been shared between you.  Making the choice to save for retirement is considered a joint decision during the marriage, so in a divorce, the retirement is considered shared.  While you can voluntarily choose to each keep your own retirement, if there is disagreement, most jurisdictions will share retirement from during the marriage in an equal or equitable way.

Resource

Balance Sheet

Learn about a balance sheet and how it can help you in the property division analysis.

Resource

Property Division Legal Overview

Learn about property division law generally and key differences between community property states and equitable division states.

Resource

Retirement

Walk through various considerations when valuing and dividing or buying out retirement.

Resource

Legal Categories of Property

Learn about the legal types of property and how different jurisdictions categorize your assets and liabilities.

Resource

Property Division Introduction

Property division is one of the two financial categories addressed in divorce, focusing on the division of assets and liabilities, including real estate, debts, financial accounts, investments, automobiles and personal possessions.

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