I'll start, of course.
So a dude I know's wife didn't work much at all during the marriage. He worked the entire marriage including having a 401K. He had a crib before the marriage.
They got divorced with no kids.
Apparently the 401K (and any other retirement account) would have been split 50/50 if it went to divorce court. The best damage he could've minimized that to was to only the amount of the retirement accounts that was accumulated during the marriage ... and only in some states would that be possible.
So basically, he would've had to split his retirement account with his ex-wife.
I don't think a lot of people know this based on folks I talked to.
So a dude I know's wife didn't work much at all during the marriage. He worked the entire marriage including having a 401K. He had a crib before the marriage.
They got divorced with no kids.
Apparently the 401K (and any other retirement account) would have been split 50/50 if it went to divorce court. The best damage he could've minimized that to was to only the amount of the retirement accounts that was accumulated during the marriage ... and only in some states would that be possible.
So basically, he would've had to split his retirement account with his ex-wife.
I don't think a lot of people know this based on folks I talked to.