Wilson Whitaker Rynell

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972-248-8080 DALLAS
713-830-2207 HOUSTON
512-691-4100 AUSTIN
wilson whitaker rynell attorneys and counselors at law logo
972-248-8080 DALLAS
713-830-2207 HOUSTON
512-691-4100 AUSTIN

Division of Retirement Funds in Divorce in Texas

ATTORNEYS IN DALLAS

Discover how to safeguard retirement funds during divorce proceedings. Expert guidance on protecting your financial future. Learn more!

Division of Retirement Funds in Divorce

A lot of individuals save for retirement during their professional lives, anticipating that such funds would provide financial assistance after retirement. However, in cases where married couples divorce, their retirement funds are frequently deemed communal property and are subject to division as per the court's discretion.

How the Texas Courts Treat Property in Divorce Cases

Texas follows the community-property doctrine, which implies that any property obtained by either spouse throughout the marriage is deemed equally owned by both parties. This encompasses real estate, earnings, and retirement funds, while assets classified as separate property through a prenuptial or marital agreement, personal injury compensations that do not represent lost wages, gifts, and inheritance are excluded. As per the Texas Family Code, during divorce proceedings, the courts will allocate community property in a fair and equitable manner, while the separate property of each spouse will usually remain separate.

Dividing Retirement Funds in Divorces

Retirement funds refer to money contributed to 401Ks, IRAs, pensions, deferred compensation accounts, and other retirement plans. If all contributions in a retirement account are made or accrued after the date of marriage, both spouses are likely to be considered as joint owners of the community property, regardless of whose name is on the account or whose income contributed to the account. Conversely, if the funds were deposited before the marriage date, they will be considered separate property.

As most individuals initiate retirement savings before marriage and continue contributing throughout their married life, retirement funds often include separate and community property. Therefore, dividing retirement funds can be complex in Texas divorces, requiring the assistance of forensic accountants and other experts to testify on the value of separate and community property.

Speak with an Experienced Divorce Attorney

The attorneys at Wilson Whitaker Rynell have extensive experience in handling divorce cases. By retaining our services, we will prepare compelling arguments on your behalf to increase the likelihood of obtaining a favorable outcome. Our firm represents clients in divorce cases in various Texas cities, including Dallas, Austin, Houston, Fort Worth, and all cities within Dallas County, Tarrant County, Collin County, and Denton County.

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Best Texas Divorce Lawyers

Our Dallas Divorce Attorneys Serve Clients Throughout Texas


In order to best prepare yourself during the divorce process, it is vital that you have a qualified divorce attorney by your side. Our divorce law firm is dedicated to providing knowledgeable, professional, and effective legal counsel for all types of family and divorce matters. When you work with our experienced Dallas family law attorneys, you can trust that we will have your best interests in mind.

Dividing Retirement & Pensions in Divorce

The first step in splitting retirement accounts will be to calculate the value of the account compared to the entire marital estate value.

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A man and a woman are sitting on a couch with their arms crossed.
By Kayla Holderman 10 May, 2024
Dallas Family Law & Divorce Attorneys Deciding to divorce is a challenging and significant life choice. Once you've made that decision, there are many paths to consider, and Wilson Whitaker Rynell is here to help you navigate the best way forward. What distinguishes us from other Dallas family law firms is our exceptionally skilled team of family law practitioners and our commitment to delivering outstanding client-centered service. Whether through mediation or litigation, our family law attorneys in Dallas bring a depth and breadth of knowledge gained through years of successful practice. We also have board certified divorce lawyers so you can count on the highest standards of integrity, expertise, and legal proficiency from the divorce lawyers at Wilson Whitaker Rynell. Whether you're in Dallas, Plano, Frisco, Allen or any other Dallas neighborhood, you can trust our local family law firm to provide you with the support and guidance of a highly experienced team of family lawyers. Family Law Practice Areas Our dedicated team is focused on providing personalized and effective legal solutions tailored to each client's unique circumstances. We understand that family law matters can be emotionally challenging, and we strive to offer compassionate support while staunchly defending our clients' rights and best interests. With Wilson Whitaker Rynell, you can trust that you'll receive top-tier legal representation from a team that genuinely prioritizes your well-being. We specialize in a wide range of family law and divorce matters, ensuring comprehensive legal support for our clients. Our experience includes, but is not limited to, the following areas:
A woman is sitting at a desk using a laptop computer.
By Chelsea Lankford 08 May, 2024
Interview of a Child in Chambers by a Texas Court Divorces can be messy; even more so when children are involved. One pivotal question that is often asked is who will receive primary custody. The prospect of children speaking to a judge during a divorce case to help determine custody can be a controversial topic. On one hand, it aims to understand and prioritize the child's preferences and best interests. On the other hand, exposing children to legal proceedings can be emotionally taxing and stressful . When Can the Judge Talk to Children? During a nonjury trial or hearing, the court is required to privately interview any child 12 years or older, while interviewing a child under 12 is at the judge's discretion. This private interview helps convey the child's wishes regarding who should have primary custody. The judge can also conduct the interview independently or on the request of a party, amicus attorney, or attorney ad litem. While speaking to the child can help determine issues of possession, access, and parent-child relationships, it does not restrict the court’s authority to decide what’s best for them. However, in cases where a jury trial is underway, the judge is prohibited from privately interviewing the child on matters subject to a jury verdict such as which parent is granted conservatorship/primary custody. During the conversations, attorneys representing the parents, the amicus attorney, the guardian ad litem, or the child's attorney ad litem may be present. For children aged 12 and older, the court is required to record these interviews to ensure a thorough and accurate record is available as part of the overall case documentation. Inside the Judge's Playbook: What Gets Asked? The judge may ask open-ended questions about living arrangements, the child's relationship with each parent, and other aspects relevant to their well-being. Additionally, an interviewer’s nonverbal communication may not contribute to the making of a particular statement. James v. Texas DHS, 836 S.W.2d 236, 239-241, (Tex.App.—Texarkana 1992, no writ.). However, the child's testimony is just one piece of the puzzle, weighed alongside other factors such as parental behavior, home stability, and each parent's willingness to cultivate the child's relationship with the other parent. Importantly, if the judge during the interview has reasonable cause to believe that a child’s physical or mental health or welfare has been adversely affected by abuse or neglect by any person , the the judge is obligated to shall immediately make a report. Tex. Fam. Code §261.101(a).
A little girl is sitting on a rope swing.
By Chelsea Lankford 18 Apr, 2024
Parental Alienation | Texas Child Custody Attorneys
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