Friday, January 14, 2011

Divorce and Pension

Divorce and Pension

When it comes to divorce, the law provides that the partner who is financially worse-off (usually the woman) is in fact entitled to a claim in their ex-spouse’s pension rights.


This fact alone makes it worthy of far more careful consideration than many give to it.

The obvious first step is to receive a pension valuation from your pension provider in order to see just how much money it is worth. This amount is crucial as it may influence which method of dividing up your pension you choose, which as considered below, can take a variety of forms.

Pension Sharing - PERCENTAGE

The most popular method of dividing up a pension on divorce is one of the more recent options the courts have provided, referred to as ‘pension sharing’ or ‘pension splitting’.

This is often seen as the easiest way to..... Read full article on divorce and pension

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