Is There An Absolute Rule That You Have to Divide all 401(k) Plans in ½ Or Can a Spouse Keep the Entire 401(k)? The actual rule is that the court can divide your 401(k) plan pretty much how it deems fair. Fair is not always 50/50. Yet, it is most typical to...
caseLori was supposed to receive $200,000 of her spouse’s 401 K. Both Lori and her spouse, Charles, had attended a meeting called “mediation” and signed a contract that she would get this $200,000 of the 401 K. After the mediation, Lori and Charles...
In a January 2020 divorce case called IN RE DENSON, Tex: Court of Appeals, 1st Dist. 2020 The husband, by agreed decree of divorce, said he would pay the wife $257,220 as part of their division of assets. He was supposed to pay this total amount by paying her in...
Template Language for a money judgment to be written into a decree: Consult a lawyer before using this provision please: IT IS ORDERED AND DECREED that Husband shall pay to Wife at 123 Tennis Street, Victoria, Texas, the sum of One Hundred Thousand and no/l00...
A very common question clients have is do I have to divide my 401K in my divorce? Will the judge allow me to keep 100% of my 401K? The answer is that yes it is possible to keep 100% of your 401K. It is also possible that your spouse could keep 100% of the value of...
