Friday, June 27, 2014

I'm filling out a financial affidavit to reassess child support after 3 years -- should my 401K be included as an asset?

Q:  I believe my ex has close to or over a million in a 401K, but is claiming that's retirement money and as such should not be on the financial affidavit. I believe that it should. Can you please clarify?


A:  David's Answer:  The 401k absolutely should be disclosed on the financial disclosure affidavit. The issue isn't whether this will ultimately impact child support - the issue is that both sides are entitled to full financial disclosure. Schedule a consult with a White Plains Child Support lawyer for a full assessment.  -- David Bliven, Westchester Child Support attorney (www.blivenlaw.net)

No comments:

Post a Comment