You must get a special court order to access these funds, either a QLDRO or QDRO. As there are major differences between the two, it is important to have an experienced Illinois divorce attorney on your side. Named as one of the Best Family Law Firms by the American Institute of Family Law Attorneys, Women’s Divorce and Family Law Group is here for you.
Under the Illinois Statutes (750 ILCS 5/503), you are entitled to a fair share of all marital property and assets. This includes retirement and investment accounts. Even if you did not work during your marriage, you have a right to a portion of your spouse’s accounts. This includes:
You need a separate court order to access funds in retirement and investment accounts, something less experienced attorneys are likely to overlook. At the Women’s Divorce and Family Law Group, our Illinois divorce attorneys make sure you get all required court orders. Generally, there are two types related to investments and retirement accounts:
Dividing retirement and investment benefits in divorce can present major challenges. At The Women’s Divorce and Family Law Group, we help you get the maximum amount you are entitled to. To request a consultation with our Illinois divorce attorneys, call or contact our office online today.
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