Divorce & Retirement Plans: New Ways to Think About Marital Property

Divorce & Retirement Plans: New Ways to Think About Marital Property Bruckner Hernandez Legal Solutions LLC

For older divorcees, the thought of divorce and retirement plans may send shivers down their spines. Retirement savings represent the couple’s long-term financial savings. However, divorce can instantly throw a wrench in those plans. Overall, Illinois law considers retirement savings to be part of the marital state. Thus, they are subject to division. Typically, retirement …

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