This book will focus on the rights each spouse has under certain laws, situations, and circumstances, and how the division of the property will be decided by the court or through negotiation.
[quote] Given the likelihood that she'll be gone before the entitlement kicks in 20+ years from now, WWIL would be smart to negotaite for her to take her fair half of the pension so that he'd have to give her LESS of a lump sum equalizing payment on all the other STUFF he wants... because he sure wants to keep all the STUFF. [/quote]
actually i was hoping to sign away more of my pension for many reasons
1. i'm young and can build it up again.
2. since she said she wouldnt be around, more pension to her really isn't a 'giveaway' as much as it will be if i have to come up with $$$ today
3. if i do sign away more pension in return for less cash now and she does live that long, it will benefit her MORE than the money now...sorta
4 as mentioned before, i really would prefer just to pay her out of the pension I get instead of segregating the pension itself. Seems like i get more tax break for it and easier to transfer etc if she does die
does pension paid to her count as alimony for me so i can deduct it?
-------------------- call me WWIL...PA resident 39 year old , married 11 years, together 12...splitting in 13th year.