Michael G. Putter Attorney at Law
Experienced Family Law Counsel For Rome, New York, And The Mohawk Valley
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Division of pensions in the state of New York

When it comes to getting divorced in the state of New York you should know how your assets and other property will be divided. It is an important part of the divorce process, especially when talking about the division of pensions. There could be pensions for one spouse, or both, in a divorce. Here's a little background on how pensions are divided in the state.

How do I make the most of my defined contribution plan?

A defined contribution plan is an important part of a person's finances and needs to be protect when headed for divorce. Before you even consider divorce, you need to know how you can make the most of your defined contribution plan so it works for you in retirement and in divorce in New York.

Are qualified domestic relations orders necessary?

If you and your spouse choose to divorce after being married for a significant number of years and either of you has built up a sizable pension, the pension may face a complicated process of division when it comes time to negotiate a divorce settlement. Dividing pensions and other kinds of retirement accounts is more complicated than "he gets half, she gets half," but we are not going to discuss the method of division here at this time. Instead, we will examine one of the tools used in the process — the Qualified Domestic Relations Order (QDRO).

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