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high-asset divorce Archives

Keeping the 401k in a divorce

When preparing for a divorce, Los Angeles couples would be wise to sit down and take stock of the assets they possess that will be subject to property division. One asset that many often fail to include in such an assessment is a 401k. At first, it may seem odd that a 401k could be viewed as a marital asset, especially since its capital is drawn from an individual's paycheck. Yet the money earned from that paycheck while one is married is marital property, which explains why his or her 401k would be also. 

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