Social Security Benefits and Divorce
When a couple decides to end their marriage, one of the most time consuming parts of the divorce proceedings is the division of assets. Along with deciding ownership of property and division of bank accounts and finances, couples will also have to discuss how to divide Social Security benefits. This can be a very important discussion, especially if you rely on those benefits to support your lifestyle.
Divorce can be an extremely difficult time in your life, but you do not have to go through it alone. If you have questions or need advice, remember that the Conroe divorce attorneys of Garg & Associates, P.C., can sit down and help you work through every step of the divorce process. Contact us at 800-242-2151 today to schedule a free consultation with a qualified attorney.
Social Security Requirements
After a divorce, most couples divide Social Security checks equally, but there are some occasions where the spouse who is receiving the Social Security checks may not want to give up these benefits. To qualify for your ex-spouses benefits, the following must be met:
- You had to be married for at least 10 years
- You are currently single
- You are at least 62 years old
- You cannot be eligible for your own Social Security benefits (of equal or higher value)
Another fact to remember is if you begin drawing from your ex-spouse’s benefits at age 62, you will only receive 35 percent of them, but if you wait until you are 66, you can draw 50 percent.
Contact Us
We are here to help you through this trying and confusing process. Contact the Conroe divorce attorneys of Garg & Associates, P.C., at 800-242-2151 to discuss your rights and legal options.
