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Dale & Co. Solicitors Lincoln

Specialist Solicitors in Family Law, Divorce,
Property, Conveyancing, Probate, Wills and Powers of Attorney.

DALE & Co. Solicitors Lincoln
Georgia Corby
Solicitor Director

What Happens To My Pension When I Get Divorced?

Dividing assets accumulated in pension schemes is one of the most complex and important financial tasks following the break-down of a marriage.

There are three ways of doing this:

  • You can balance the pension against another asset, such as a property (Pension Offsetting). This means that you do not have to share your pension but may come at the expense of other assets.
  • You can arrange for some of your pension to be paid to your ex-spouse when you receive payment (Pension Attachment). If your ex-spouse remarries, this no longer applies.
  • You can split the pension into two at the time of the divorce (Pension Sharing).

Whatever you decide, the final settlement has to be confirmed by a court order.

It is important that both parties know the value of their pensions as they can be the most valuable asset in a financial settlement. However, you need consent to know the other person's pension value. It is very important to speak to a solicitor to ensure that you choose the best option for your circumstances.

Contact Dale & Co. today for free, impartial advice.

Last Updated: Thursday 25th April 2019


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