In a divorce case, a pension survivor benefit is an asset which is in play for division. Recently the Maryland Court of Special Appeals struck down a decision of the Carroll County Circuit Court which determined that a former husband had the right to make a selection of the options available for a survivor benefit which had been assigned to his wife. The appeals court held that the Circuit Court, among other things, had to look at what a reasonable person interpreting the parties’ agreement would have decided. This case illustrates that division of retirement benefits is a complicated process and is best accomplished when experienced divorce lawyers are involved in preparing the property settlement agreements.
We Get to Know Our Clients.
Christopher R. Wampler and Eugene L. Souder
Who Makes the Survivor Benefit Selections?
On Behalf of Wampler & Souder, LLC | Apr 12, 2017 | Divorce |
Categories
- Auto Accidents (39)
- Bankruptcy (22)
- Child Custody (21)
- Construction Law (37)
- Criminal Law (8)
- Divorce (65)
- Estate Planning (7)
- Family Law (19)
- Firm News (1)
- High-asset Divorce (7)
- Injuries (2)
- News (4)
- Personal Injury (33)