Recent content by NJDad2019

The issue is the other party agreeing to do it by number..

to elaborate, as of date of complaint I have 100k. Currently, the value of my IRA is 115K. Let's say QDRO said you need to split based on the date of complaint which 100k (50K send to her) and I already took out 10k which leaves me 105k. There should still enough to send her 50k even if it is...

Even if the split is based on the date of complaint? Doesn't the retirement company split the 50/50 based on the statement of date of complaint? That's where I am confused on how my current value affects this split.

Thanks!

Correct! The only issue is they have not agreed to an offset. Even, if they want to split each account 50/50 based on value from pre-marital to date of complaint, I still have enough assets to cover it the 50/50 if I take the 10k now. Thank you so much!! Have a great day!!

My apologies. the value of my assets is much less than her; which means, if we do an offset of both assets, she will owe me. Let's say my IRA value is 100k as date of complaint, which the agreement is to split it 50/50. If we do not do an offset, and the other side wants to split each account...

Thanks! The QDRO company suggested to do a QDRO which they will split the amount based on date of marriage and date of complaint. They offered to do an offset which means my ex will have to transfer the offset to me and I do not. Will this still be an issue if I take partial?

What is the name of your state?NJ Once the divorce is official, are assets still frozen until the splitting process is completed? E.G. Assets from an IRA account is split 50/50 (premarital to date of complaint). Can I take partial of half of my share, which I am the sole owner of the account...