As previously discussed in our recent blogs last month on property division in the context of a divorce, property of the spouses is classified as either marital property or separate property. Marital property is subject to equitable division between the spouses whereas separate property is excluded from the marital estate. Typically, the spouses’ property consists of real estate, household furnishings, vehicles, and bank accounts, i.e., checking, savings, and retirement accounts. […]
Which Party Receives the Employment-Sponsored Pension or Retirement Plan in a Divorce?
By Simpson Legal Group LLC Jan 4, 2021 Posted in Articles