Legal Question in Family Law in California

Quadro-Ex husband's retirement fund

My ex-husband is starting the process for his retirement through Western Conference of Teamsters. We are now finalizing the QUADRO with respect to the funds I'll receive. We were married 23 years. How will the pension administrator determine the amount of money I'll receive? I believe I'll have the option of lump sum or monthly payments. What are the pros and cons to this? Also, will my new husband have legal righs to the monies I'll receive?


Asked on 3/15/08, 3:38 pm

1 Answer from Attorneys
Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: Quadro-Ex husband's retirement fund

they will determine how much was contributed during the marriage--you get half of that. if you take a lump sum now, then you'll probably pay a lot of taxes. see your tax advisor to determine what's best for you. you new spouse does not have a right to your separate retirement, unless of course you comingle it with community assets and lack the ability to trace the separate character. in other words, keep it in a separate account.

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Answered on 3/16/08, 12:34 am


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