How To Split Retirement Assets In Divorce
b'with\\xa0Matthew Lundy, Esq.,\\xa0Certified Divorce Financial Analyst
Matthew L. Lundy, Esq., and his law firm specialize in handling primarily domestic relations and family law litigation, along with estate planning. He has developed a reputation as a young lawyer with a special skill for handling complicated legal issues. Matthew has been honored as a "Rising Star" by Super Lawyers Magazine, and as an "Outstanding Young Lawyer" by the American Registry.
Matt has seen a lot of complicated cases and has helped many deserving individuals get their fair share in retirement. He also addresses the impact of market fluctuations on retirement portfolio values, and how a couple should navigate the complicated finances behind divorce.
Matthew explains his specialty, the QDRO \\u2013 Qualified Domestic Relations Order \\u2013 a term that often comes up in divorce cases and is a court order that essentially divides up retirement plans for couples going through divorce. Plans include any retirement and pension plans set up by employers, also called ERISA. He sheds light on the complexities behind retirement accounts. \\xa0He offers tips on how to divide assets, especially equity assets, so you don\\u2019t lose out by having to sell when the market is down.
He also talks about the more complicated division of Defined Benefit Plans that factor in issues such as the income stream, periodic cost-of-living adjustments, survivor benefits, early retirement supplements, etc.'