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The power of a Family Court Judge – Divorce and Retirement

San Diego Divorce and Family Law Attorney, Paul Staley, released a new YouTube video: Divorce and Retirement

San Diego Family lawyer Paul Staley goes over some retirement issues if you are facing Divorce.

Transcript of Paul’s Video

 

Hi, I I’m Paul Staley. I’m here to talk to you a little bit about dividing your retirement plan or your spouse’s retirement plan in a divorce. If your eyes glaze over when you try to figure out what the difference is between a defined contribution plan and a defined benefit plan, you’ve got lots of company. This is an area in which you should really have expert help. There are lots of different kinds of retirement plans out there. I mentioned just two of them. Popular in San Diego area, obviously, military retirement plans. Those are, believe it or not, among the simplest to divide and we use a very straightforward formula — it’s really a fraction and I can tell you how we do that but that’s probably time for conversation that you and I will have together. Now there are special instruments to move money from one spouses retirement plan to the other. Those are called qualified domestic relations orders (QDRO’s). Very complicated instruments. Sent the measure should, they say: “don’t try this at home”. Really, if you want the skinny on how they should be done, suffice it to say you should have professional help. So I look forward to talking to you about your particular situation.

 Call us if you think we can help – (619) 235-4095(619) 235-4095+16192354095+16192354095” data-isfreecall=”false” data-isrtl=”false” data-ismobile=”false”>(619) 235-4095(619) 235-4095

 

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