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Author Question: There are many ways to distribute rights to a pension earned by one spouse during a marriage. Which ... (Read 99 times)

cnetterville

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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?



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trog

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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

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it


covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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