Pensions are classified as marital property in Connecticut. Therefore, a judge may award part or all of pension to a spouse as part of a Connecticut divorce. Judges consider many factors when dividing pensions in a Connecticut divorce. The most important of these are the length of the marriage, the income of the spouses, earning…
When drafting Separation Agreements which include provisons for a pension or 401k distrbution, it is cruciial to make sure there is adequate language to address the unpleasant event of the employee spouse passing away. I just read a very informative article with some great advice concerning the implications if the possibility of the employee spouse…