This topic contains a solution. Click here to go to the answer

Author Question: There are many ways to distribute rights to a pension earned by one spouse during a marriage. Which ... (Read 126 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
There are many ways to distribute rights to a pension earned by one spouse during a marriage. Which of the following would not be likely to occur?
 
  a. A QDRO could be used to request information from a pension administrator.
  b. It would be treated as separate property of the employee who earned it.
  c. It could be exchanged for a different asset, such as a house share.
  d. It could be offset against the pension of the other spouse.

Question 2

June has been married to Fred for seven years. Fred just retired from a very good job, and now June wants to retire from Fred. She has a good idea how much Fred's very generous pension is worth and how much is in their bank accounts and their investments. June is healthy, relatively young, has been working part-time as a medical records clerk at the local hospital, and will have to work full-time for more than five years before she can retire. She feels that if she divorces Fred, she certainly deserves some sort of alimony after seven years of intensive housekeeping (Fred was not used to looking after himself). What do you think?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trog

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

b

Answer to Question 2

June probably won't get permanent alimony. Permanent alimony is awarded less frequently today. Women have increasingly joined the workforce, like June, and have developed marketable employment skills to help them become self-sufficient. However, she will need to transition to a full-time position in order to support herself, and that may take some time. She will probably need to seek alimony pendente lite, and then possibly rehabilitative alimony for a period of time. Lump sum may not be as easy to negotiate, because Fred is on a pension. Much will depend on the property settlement.




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Excellent

 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library