Division of Retirement Assets in Divorce
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries in Assets
A prospective client recently asked me whether or not she could receive a portion of her spouse’s retirement account in her upcoming divorce. I explained to her that in Alabama, if the parties have been married for 10 years preceding the filing of the divorce complaint, the court has the discretion to award them up to half of the value of the spouse’s retirement accounts that accumulated during the marriage.