Legal Question in Family Law in New Jersey

Division of 401K Stocks

Upon divorce, does the ex get 1/2 the number iof shares or 1/2 the dollar value at time of filing? What happens if stocks drop and value decreases before final judgement?


Asked on 3/09/09, 12:00 pm

2 Answers from Attorneys
Jef Henninger, Esq Law Offices of Jef Henninger, Esq.

Re: Division of 401K Stocks

You get what you settle for. I am sure you have an attorney, so I suggest you discuss all this with him or her. You could set this up however you want. In my cases, I try to work out some type of set off to avoid all this; i.e. in exchange for waiver of 401k, my client gets x.

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Answered on 3/09/09, 2:30 pm
Gary Moore Gary Moore Attorney At Law

Re: Division of 401K Stocks

She or he would get one half of the value of the stocks at the time of distribution.

Call me if you like.

Gary Moore, Esquire

Hackensack, New Jersey

www.garymooreattorneyatlaw.com

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Answered on 3/09/09, 3:11 pm


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