Dividing Retirement Accounts
Michael Young speaks about how retirement funds and 401ks are divided between two parties.
If the parties is to any dissolution have any retirement accounts or 401K accounts, TSB accounts between the two of them, they need to be divided equally. The courts will utilize what is called a domestic relations order a quadrille for short in doing this. The quadrille provides that each party is entitled to one have of the increase value of these accounts and a quadrille helps to divide this evenly between the parties so that each side gets their share. |