Adding details to the QDRO as to the valuation date is important. Being specific with details in the divorce paperwork is needed. For example, when a home has to be listed for sale and conditions tied to it. - Maressa
Annuities not divorce friendly. Courts still consider Equity (vs Equality) - Nandi
I learned a bit more about mortgage/housing assets and insurance product scenarios. - Curtis
Keep all bank/brokerage statements from the year you got married. Check to make sure annuities can be divided. - Maria
Reverse mortgage can be a versatile tool for retirement and divorce planning when clients need cash. Need to be aware of automatic revocation and its implications on beneficiaries of insurance policies. - Xuejing
RULES on dividing assets was VERY good to know - Gerard
Attendees Comments:
Adding details to the QDRO as to the valuation date is important. Being specific with details in the divorce paperwork is needed. For example, when a home has to be listed for sale and conditions tied to it.
- Maressa
Annuities not divorce friendly. Courts still consider Equity (vs Equality)
- Nandi
I learned a bit more about mortgage/housing assets and insurance product scenarios.
- Curtis
Keep all bank/brokerage statements from the year you got married. Check to make sure annuities can be divided.
- Maria
Reverse mortgage can be a versatile tool for retirement and divorce planning when clients need cash. Need to be aware of automatic revocation and its implications on beneficiaries of insurance policies.
- Xuejing
RULES on dividing assets was VERY good to know
- Gerard