complex divorce Archives

Splitting 401(k) assets in a divorce may be complex

It's widely believed that divorcing couples will each receive half of the family assets although, in most cases, they do not get identical assets but equivalent ones. In California, there must be a distinction made between community and separate property with only community property being subject to division. Additionally, 401(k) plans have different rules as to how the assets are treated in a divorce. Family law judges have wide discretion in establishing final property division orders.

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