Employee benefits, stock options, pension plans, and retirement accounts need to be evaluated when dividing the marital estate. That said — the division of these assets can be fairly complicated.
With over 60 years of combined experience handling divorce cases in the DFW Metroplex and North Texas, we understand the financial anxieties our clients are dealing with when they come to us for help. As attorneys, we work to relieve as much of that stress and anxiety as possible by honestly and fully informing clients with regards to the law, their legal options, and what they can realistically expect to have happen.
We work with human resources departments, accountants and other specialists to fairly assess the economic value and impact of:
- Defined contribution plans
- Denied benefit plans
- 401k’s/employee savings plans
- Pension benefits
- Stock options
- Deferred benefits
When the subject is the division of benefits or a retirement account, clients are understandably nervous about their long term financial security. The Texas Family Code requires the court to divide marital property in “a just and right manner”. This does not necessarily mean a 50-50 split.
The Court will consider many factors when dividing an estate including the length of marriage, fault issues in the divorce, earning ability in the future of each spouse, current disparity of earnings of each spouse, types of assets and tax implications, which parent will have custody of the children and attorneys fees incurred during the litigation. We will openly and honestly discuss the potential ranges of outcomes taking all of these factors into consideration whether these factors result in a strength or weakness in your case.
In our experience it is equally important for the client to get a fair assessment of the weaknesses of their case and not just paint a glowing picture of the strengths that we see. Only through honestly evaluating the relative merits of each side can you truly reach resolution that fits your unique circumstance.
Taking a New Direction
For quality legal services provided with integrity and compassion — call our law offices directly or send contact us online at the crossroads of McKinney, Frisco, Allen and Plano, Texas. Our divorce and family law attorneys accept all major credit cards and offer flexible appointment scheduling for your convenience.