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Home / Opinion Digests / Family Law / Consensually Divided IRA Became Separate Property (access required)

Consensually Divided IRA Became Separate Property (access required)

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 ...