Understanding the Basics of Dividing Pensions and Retirement Accounts in Oregon Divorce Dividing assets is a crucial part of any divorce proceeding, and pensions and retirement accounts often represent a significant portion of a couple's accumulated wealth. In Oregon, these assets are subject to equitable distribution, meaning they are divided fairly, though not necessarily equally. Navigating this process can be complex, requiring a clear understanding of Oregon law and strategic planning. π Key Concept: Equitable Distribution: Oregon follows equitable distribution principles, meaning assets acquired during the marriage are subject to division in a fair and just manner. This doesn't always mean a 50/50 split. π️ Marital vs. Separate Property: Generally, assets acquired during the marriage are considered marital property, subject to division. Assets owned before the marriage or received as a gift or inheritance during the marriage are typically consi...
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