Deferred Compensation

This includes all retirement assets (such as a pension, 401K, Individual Retirement Account) and any other savings or postponed income earned during the marriage. Discovery: The efforts of one party to a lawsuit and his or her attorneys to obtain information before a trial. This can occur through demands for production of documents, depositions of parties and potential witnesses (questions usually asked and answered in person and recorded), written interrogatories (questions and answers written under oath), written requests for admissions of fact, and the petitions and motions employed to enforce discovery rights. The theory of broad rights of discovery is to ensure all parties will go to trial with as much knowledge as possible, and neither party should be able to keep secrets from the other (except for constitutional protection against self-incrimination). Discovery cr fight between the two sides in a litigated divorce takes place during discovery. This can become detailed, time consuming and costly.