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Batavia Division of Pension Benefits Attorney

What Happens to Retirement Benefits after Divorce?

  • If I devoted my life to supporting my spouse's career, am I entitled to a portion of my spouse's pension?

Pensions, 401(k)s, IRAs and other retirement benefits earned during the marriage are considered marital property and, along with other marital assets, are subject to the conditions set forth for the division of property.

Whether the marital assets in question are modest or substantial, it is important for individuals facing divorce to obtain the advice of an attorney experienced with both family law and the financial issues surrounding division of property.

At the Law Office of Warren G. Sylvester, our family law attorney has exceptionally strong financial skills that enable him to tackle these sensitive and critical issues with authority on behalf of our clients. Warren Sylvester spent nearly 10 years working as a financial analyst before going into law.

Knowledgeable, Experienced, Trustworthy
E-mail Us or Call (630) 406-7844 • Free 30-Minute Initial Consultation

There are many misconceptions about retirement benefits and the division of property during divorce. Some individuals simply do not realize that it is possible to divide pensions; others worry about the tax implications. Another common concern when it comes to the division of property during divorce: not knowing what is there, either because the couple's financial records are in disarray or one spouse is hiding assets from the other.

Our law firm has broad experience with the division of property, including:

  • 401(k) plans
  • ERISA qualified pensions
  • Non-ERISA qualified pensions
  • Civil Service Retirement System (CSRS) pension plans
  • Federal Employee Retirement System (FERS) pension plans

Qualified Domestic Relations Orders (QDROs)

A qualified domestic relations order or QDRO (QUAD-row) is issued by a state authority, generally a court, to recognize the rights of an alternate payee to receive some or all of the benefits payable to a pension participant. The alternate payee may be a spouse, former spouse, child or other dependent of the participant.

To talk with a knowledgeable lawyer about the division of marital property, including pension benefits, please contact the Law Office of Warren G. Sylvester in Batavia, Illinois. We offer representation to men and women throughout Kane County, as well as Kendall and DeKalb counties, including Elgin, Aurora and St. Charles.

How Does the Divorce Process Work?
There are specific steps to any divorce proceeding. First you attend an initial consultation with an attorney where you are given detailed information about your specific circumstances. more >

How Long Does a Divorce Take?
Each divorce is a unique process. However, there are some standard time lines. Your spouse has 30 days to file an answer to the Petition for Dissolution of marriage. more >

How Much Does a Divorce Cost?
The cost of a divorce depends entirely on the ability of the parties to provide necessary information and reach an agreement. more >

How Can I Get Money to Pay for an Attorney?
If you don't have access to the funds necessary to pay for an attorney, a petition can be filed with the court to require your spouse to take funds in his/her possession to pay towards your initial attorney fees. This procedure is independent of the Judge's ability to make a final award for payment of attorney's fees at the end of a divorce. more >

Who Will Get Custody of the Children?
Absent an agreement, the Judge will determine custody based upon what is in the best interests of the children. Even though both parents are fit and proper persons to have custody of the children, one parent will most likely be found to be the better custodial parent. The differences between sole custody, joint custody, and shared custody are to complex to be addressed here, but there are actions you can take to improve your chances of being found to be the better custodial parent. A major element is who provides the day to day primary care for the children. more >

What if there is No Agreement on Custody? Mediation is the process wherein the parties meet with a trained mediator and attempt to reach an agreement, in this case on custody. Evaluation is the process wherein the parties meet with a psychologist who then gives the Judge a recommendation on an appropriate custodial arrangement for the children. The exact procedures for the mediation/evaluation process vary from county to county. In Kane county mediation is either voluntary or must be ordered by the Judge. If there is no agreement on custody, visitation or anything to do with children the parties are ordered to attend the mandatory evaluation sessions resulting in a recommendation to the Judge. more >

What About Alimony?
Alimony is now known as Maintenance and varies with each case. The Judge may order either rehabilitative or permanent maintenance based upon the following factors... more >

What About Child Support?
Child support is paid by the non-custodial parent to the custodial parent. Child support is a right belonging to the children and neither parent can waive that right, however, child support can be reserved (temporarily stopped) based on the financial circumstances and agreements of the parties. The divorce statutes provide the following minimum guidelines in establishing child support. However, upward or downward adjustments may be made by the Judge, depending on the needs of the children, the financial circumstances of the parties, and other relevant circumstances. more >

How is Our Property Divided?
Before property is divided it must be determined what is marital property and what is non-marital property. Marital property is all the property earned during a marriage, regardless of who holds title to the property. Non-marital property is that property belonging to either spouse prior to the marriage or acquired by a spouse by gift, inheritance, or the appreciation of non-marital property. However, it is possible that non-marital property may have been converted to marital property. When dividing property, first, each spouse is awarded his or her non-marital property. Then each spouse is entitled to an equitable share of the marital property based on the following factors... more >

What Happens to Retirement Benefits?
Pensions, 401(k)s, IRAs and other retirement benefits earned during the marriage are marital property, and are subject to division with other marital property as set forth above. The tax consequences of the division of retirement benefits are very important, and it is critical that you obtain the advice of an experienced attorney prior to any such action. more >

Law Office of Warren G. Sylvester
207 Webster Street
Batavia, IL 60510
Phone: 630-406-7844
Fax: 630-406-7855
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