Foreign Pensions Of Expats Will Need To Be Considered In A Divorce
If you or your spouse is from a foreign country and has a pension from that country, that pension is an asset of the marriage and subject to property division in a divorce. This can be complicated if you no longer reside internationally and wish to divide this asset. You need to work with a lawyer who has experience in this area.
The Prince Law Group, LLC, addresses the division of international pensions for expatriates. Specific language will be utilized in your divorce agreement that addresses the value and possible division or trade-off of this asset.
Our attorneys frequently recommend working with a financial planner to assess your financial situations and to help each of you understand what your financial future will look like after your divorce. We offer family law services to individuals and couples in Stamford, Connecticut, and the surrounding areas, including mediation and collaborative law.
Foreign Pensions As Part Of The Marital Estate
Because all property is considered marital property in Connecticut, if either member of a married couple has a pension from any country, it is considered part of the marital estate.