Legal Question in Family Law in New Jersey
401k & cash value in insurance account
My spouse has a substantial amount of money in a 401K plan and a huge contributory cash amount in a group life insurance plan.
1. Am I entitled to 1/2 of both of the above in a divorce?
2. I have copies of what the amounts are in both of the above, so can my spouse--name removed--in and take out moneys without my knowledge to reduce the amounts. Also, if my spouse does, can I bring up the fact that I have documentation of the true amounts and hold that spouse to those amounts?
1 Answer from Attorneys
Re: 401k & cash value in insurance account
You are certainly entitled to some part of it. The pecentage you are entitled to is dependant on a number opf factors, including how long you were married.
You may be ableto restrain the accounts so that he cannot transfer the money.
I strongly suggest you call me or another attorney fopr legal representation.
Daniel Clement
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