How will a divorce impact your retirement plan(s)? How are retirement plans such as a 401(k), Kentucky Teachers Retirement System (TRS), Kentucky Public Pensions (public employees), a pension and even Social Security handled in a divorce? It is interesting to note that many people don’t think about their retirement plans when considering a divorce. However,...
How Much of My Retirement Will I Lose in My Louisville Divorce
We are often asked “how much of my retirement will I lose in my Louisville divorce?” There are multiple forms of retirement assets which must be addressed during the process of a Louisville divorce. Retirement assets can be as straight forward as a 401(k) through work, or sophisticated retirement and pension systems such as the...
Kentucky TRS Retirement Assets and Social Security in a Louisville Divorce
What are the best strategies for managing Kentucky TRS retirement assets and Social Security in a Louisville divorce? How will the Kentucky TRS retirement for Kentucky teachers be handled in a Louisville divorce case? The division of Kentucky TRS or KTRS retirement assets in a Louisville divorce case, as well as other public retirement vehicles...
Kentucky TRS and KPPA Pensions in a Louisville Divorce
What happens to Kentucky TRS and KPPA pensions in a Louisville divorce? What does a teacher, a public employee and/or their spouse need to know about how these accounts will be managed during property division in a divorce? Generally speaking, all debts and assets obtained by either or both parties from the date of the...