Legal Question in Family Law in Pennsylvania

Retirement

My husband and I both worked. He made $80M last year. I made $32M. He is 34. I am 41. We are divorcing and I am getting the home along with the mortgage ($36M) and two other loans ($18M and $20M). He wants to keep his 401K $90M. Mine is $4.5M. I want to know if I am entitled to half. I can't contribute more than 1% because of debt. He has no debt. He worked full time and traveled during marriage. I worked full time and cared for children during marriage. I will also have to put three children through college. No time for education to advance.


Asked on 9/20/00, 5:45 pm

2 Answers from Attorneys
Murray Eckell Eckell,Sparks,Levy, Auerbach,Monte,Rainer,&Sloane

Re: Retirement

It does not sound like a fair division of assets. You need to contact an attorney to determine what are your rights.

Read more
Answered on 10/30/00, 9:52 am
Stanley Fudor Law Offices of Stanley Fudor

Re: Retirement

Marital property is distributed usually as a 50/50 ratio. Each spouse entitled to this ratio ( or the ratio the court deems is equitable) for the assets that are acquired during the marriage. An in-depth analysis would be needed to determine the value of the assests (pensions)and or debts that were acquired or occurred during the life of the marriage.

Read more
Answered on 10/20/00, 5:57 pm


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in Pennsylvania