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The values of IRA and 401(k) plans are fairly easy figure out because a statement is issued showing how much is in each account.Pension plans, on the other hand, are not paid out until after retirement, and therefore, may be difficult to value today.Determining how to divide retirement benefits can be a very difficult process.
If the couple has children, they must live apart for at least one year before a divorce will be granted. Louisiana allows couples to divorce based on the fact that they are living separate and apart.
A court will want to review the agreement, however, to ensure that the division is fair and that property is divided equally between spouses.
For example, if one spouse is awarded the family home, the other one must receive property or assets of equal value.
The fees can range anywhere from 0 to 0 per hour.
A contested divorce can end up costing thousands of dollars in court costs and legal fees if the couple continues to fight and cannot work out a settlement.