Guidance from Our Modesto Family Law Attorney
Pension is a portion of a person's earnings that are paid to them after retirement. People assume that the harder they work throughout their career, they will receive a higher pension amount and they will be able to retain this money to ensure that they are comfortable after retirement. Contrary to popular belief, pension is considered community property in the state of California, which means that even in retirement, it may be distributed between you and your spouse.
This can cause some serious complications and concerns for separating couples and if you have questions regarding your future and the outcome of your pension, you need to talk to Scott Mitchell Law Incorporated right away. With the retention of a Modesto family law attorney from our firm, you may be able to reach an amicable solution in a short amount of time.
Understanding the Laws Impacting Your Case
The laws that are governing separation and division of pension can be very confusing and require the representation of a trusted Modesto family lawyer. Military pension services may be tricky as well and Scott Mitchell Law Incorporated can help you determine what the division may be. Division of pension depends on a few factors, including the amount of years that the pension has been received, the number of years the spouses were married and the value of pension.
In some cases, it may be two thirds of the total amount of pension that the spouse is receiving. Once the pension has been divided, there are a few different ways that the pension can be paid out. Some spouses may choose to pay a lump sum up front or choose to have the pension divided into payments. In California, some spouses can choose a "reservation of jurisdiction" option to pay their pension divisions which require a court order known as a Qualified Domestic Relations Order that outlines that total cost the paying spouse will be owing the receiving spouse once payments begin.
Unparalleled Experience in Modesto, CA
When you find yourself facing a family law complication, you need to ensure that your rights are protected and what is yours remains yours. As in every family law case, emotions may be running high and the tension that may be caused by the separation and the anxiety that money can cause can be enough to make anyone feel nervous; but when you work with Scott Mitchell Law Incorporated, you will be able to retain the defense that you deserve while resting assured that your case is being handled by a respected and experienced family law attorney.
At Scott Mitchell Law Incorporated, our team will work with you and your spouse to ensure that you receive the pension compensation that you are entitled to. Whether you are the pension receiver or you are a spouse that is entitled to a portion of the pension, we will work to make sure you receive what is rightfully yours.
Experienced Representation from Attorney Scott Mitchell
Are you considering separating? Looking to protect your pension or receive pension that may be owed to you from your spouse? At our firm, we have nearly a decade of experience in providing outstanding representation to clients in their time of need. You never have to go through this time alone or face the California family courts by yourself.
The team at Scott Mitchell Law Incorporated proudly offers our unparalleled legal services to families in Modesto and the entire Central Valley area. If you are in the area and are seeking trusted legal representation for your family law and pension division case, now is the time to contact Scott Mitchell Law Incorporated as soon as possible and retain the legal services of a dedicated Modesto family law attorney.
Contact our firm as soon as possible to schedule a free case evaluation today.