Consensually Divided IRA Became Separate Property 
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Published: March 14, 2011
Tags: Domestic Relations, Per Curiam Opinion, Virginia Court of Appeals
A wife is not entitled to equitable distribution of an IRA account created from husband’s share of a 401(K) plan withdrawal to which wife consented, the Court of Appeals holds.
The parties divorced after 51 years. Eight years before their divorce, wife executed a “Spouse’s Consent to Withdrawal from Account” and the parties equally divided ...
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