Saturday, December 13, 2014

What does "with investment gains and losses at the time of division" mean

Q:  this has to do with divorce and a deferred comp plan. specifically looking for the meaning of division 
is that at time of commencement or time that the divorce is signed?

A:  David's Answer:  The answer depends on where your pulling that language from - if it's quoting a judgment or agreement, then it appears that the value in the plan at the time it is divided in the time provided for by the judgment or agreement is what's entitled to be divided. That said, one would need to see the document you're quoting from to render a definitive opinion. Thus, you should call a Rockland/Westchester Family Law attorney to schedule a consult.  -- David Bliven, Westchester Family Law attorney (

No comments:

Post a Comment