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Family Law Myth 7: Pensions are not matrimonial property

MYTH: Pensions are not matrimonial property

REALITY: Pensions that have been accrued during the marriage will be taken into account when dividing matrimonial finances. If one party’s ability to accrue a pension has been compromised, due to reduced earning capacity i.e. to raise children, then this will also be taken into account and the Court may order one person’s pension to be shared.

For more information or advice, please get in touch with the Family team.

 

These notes have been prepared for the purpose of articles only. They should not be regarded as a substitute for taking legal advice.

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