What should be included in a divorce settlement agreement?
A divorce settlement agreement is a legally-binding document* in which you and your spouse agree on the terms of your divorce and can cover a full range of topics, including child support, spousal support, division of property, custody and visitation rights, and any other issues that are relevant to your situation.
How do I cash out my 401k after divorce?
Spouses on the receiving end of a 401(k) distribution after a divorce have three basic options for getting the money. The first option is to roll the assets over into your own qualified retirement plan by requesting a direct transfer. This allows you to avoid having to pay a penalty on the money.
Can I make my wife sell the house if we divorce?
“There’s a misconception you have to get a divorce order before you can deal with the sale of the family home. In fact, you can’t apply to the court for a divorce order until you have been separated for 12 months. But you can sell or transfer the family home at any point.”