Hicks Crandall Juhl PC

September 2018 Archives

Are Retirement Accounts Subject To Property Division?

In Virginia, courts divide marital property equitably in a divorce. Virginia law defines marital property as all property acquired following the date of marriage and before the date of the last separation, including retirement accounts and retirement savings. There are exceptions for property acquired during this period if it is acquired through inheritance or gifted from a party other than the spouse, or if the property is an increase in value of property owned by one party prior to the marriage.

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