Northern Virginia Deferred Compensation Lawyers

Northern Virginia Retirement Plan Divorce Attorneys

Deferred compensation plans can include any kind of compensation that is paid after it is actually earned. 401(k) plans, 457 plans, stock options, stock purchase plans, supplemental retirement programs, and pensions are all examples of deferred compensation.

When a couple gets a divorce, deferred compensation can be an integral part of the property division proceeding. At HALE BALL MURPHY, PLC, we help clients work through the sometimes overwhelming and confusing legal issues that come into play in many complex divorces.

In the context of a divorce, many people don’t understand their rights with regard to deferred compensation. Our attorneys represent clients on both sides of these issues. We will explain your rights and work to ensure that they are protected.

Deferred Compensation and Property Division in Virginia

Under Virginia law, deferred compensation is considered part of the marital estate as long as it was earned during the marriage. Even if it is not scheduled to be paid for months or years after the divorce, the court can still award up to 50 percent of the value to the non-employee spouse in the property settlement.

Our northern Virginia deferred compensation attorneys have substantial experience with these types of cases. Whether you are the spouse who is trying to protect deferred compensation or the spouse trying to secure his or her fair share, we will pursue every available option in an effort to reach the best possible outcome on your behalf.