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During a divorce, a union pension could become the subject of much debate. Many divorcing couples wonder how and if a union pension should be divided. The divorce attorneys at Pater Pater & Halverson Co. have been representing clients throughout the Hamilton, Ohio, area for more than 100 years. Below, they share three essential questions to ask yourself about your union pension during a divorce.

Divorce Attorneys List 3 Questions to Ask Yourself About Your Union Pension During a Divorce

1. When Was the Pension Earned?

If one spouse earned the pension before the marriage, there's a good chance they will retain it after the divorce. If the pension was earned throughout the marriage, it is often considered a joint asset. Joint assets are typically split among spouses, though there may be exceptions your divorce attorney will discuss with you.

2. What Other Property Do You Own?

divorce attorneyThrough your attorneys, you and your soon-to-be-ex may be able to negotiate your own asset divisions and settlements. If retaining the pension is more important to one of you, the other spouse may be more amenable to exchanging it for full ownership of a jointly held property. Inform your divorce attorney of all the property you own so it can be considered in the negotiation process.

3. Does Your Spouse Want the Pension?

Find out your spouse's intentions with the pension. They may not want it, even if it was accumulated during the course of the marriage. When each party's objectives are known, a clearer game plan for the union pension can come into focus.

Contact Pater, Pater & Halverson Co. to schedule a consultation with a divorce attorney; they also offer representation as estate planning and personal injury lawyers. Call (513) 867-1411 or connect with them via Facebook or Twitter for more information about their services. A union pension can be a source of considerable confusion during a divorce, so get the answers you need from Pater, Pater & Halverson Co. today.

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