Mediation Unlocks Withheld Retirement Funds

Couples who divorce have to divide marital assets equitably, including retirement account funds that accrued after marriage. The divorce settlement often directs how and when assets should be divided. When an ex-spouse doesn't comply with the settlement, the affected ex-spouse has legal recourse. 

An individual contacted our Family Law Team for assistance in getting their ex to comply with one of the divorce settlement terms. Despite having been divorced for some time, our client's ex-spouse still had not transferred our client's share of a retirement account that exceeded $60,000.

At mediation, our family law attorneys successfully negotiated the transfer. In addition to saving our client a trip to court, which could have been costly, our attorneys recovered some of our client’s attorney fees from the other party.