Your divorce attorney, on the other hand, should be looking at your long-term well-being. That means figuring out a plan for division of assets, debts and benefits to sustain you not just over the next several months, but over years and even decades.
Even if a couple is not near retirement age, benefits accrued during the marriage are subject to division and must be carefully considered, just as one would weigh houses and other real estate. In fact, retirement benefits may actually be the largest asset a couple has between them.
Putting off the issue of retirement benefits or refusing to address them can be a big mistake. It’s important to understand that while divorce in Indiana calls for equitable division of assets, that does not always mean equal. Further, these funds are not automatically split in a divorce.