What Is the Percentage Split in Divorce?
Property division is a big issue during a divorce. One of the most common questions is, “Who gets the house?”. State law will usually dictates the divvying up of your property. It’s based on whether you reside in a separate property state or a community property state: Separate property belongs only to one spouse.
Can a IRA be split during a divorce?
Unlike 401 (k)s, IRAs do not require a Qualified Domestic Relations Order to allocate account assets. Rather, funds in an IRA are split according to the divorce agreement at play.
