0
I my divorce decree I get half of my ex's 401k can I use any of that money to pay bills with out a penality or tax against me?
Wiki User
∙ 11y ago
No. You won't be able to use it for bills without having to pay 20% in taxes. Usually the 20% in taxes is taken out before you get your money. For example if you are to get $100k from your ex's 401k you will only receive $80k. The only way to keep from having to pay taxes on it is to roll it over into an approved retirement fund.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Is your ex responsible for half of your medical expenses incurred while you were married if the bills came after your divorce?
Generally such issues are decided before the final decree is granted and usually it is not possible to have the decree amended. If there are no terms for such issues included in the divorce decree the matter usually needs to be determined in a lawsuit against the non requesting party if an equitable agreement cannot be reached otherwise.
What does unreimbursed medical expenses mean Does it mean not covered by Insurance you get medical bills all the time from the ex you are only to pay per your divorce Items not covered by insurance?
This does mean expenses are not covered by insurance. If this is what the divorce decree says, then you are responsible for these bills.
Can a wife make her husband pay her bills if they divorce and his name is not on any of the bills?
yes especially if she is pregnant and they are pending divorce.
If you get a divorce and it is stated in the divorce papers that you are not responsible for bills that you are not the primary account holder do you still have to pay them?
Hopefully, you had a divorce lawyer. You should ask your lawyer about the meaning of that clause. Your lawyer will have the entire divorce decree and not just the sentence you quoted. It may mean after your divorce, it may mean after a particular date, or it may refer to the fact that the two of you kept separate finances and your partner ran up large debts without your knowledge. Check with your lawyer.
Who is responsible for medical bills after divorce is in process?
the one responsible for medical bills, i think its the one who was responsible before the divorce process commenced......
How do you get your husband out of your residence I am paying all the bills?
Get a divorce.
Difference between bills purchase and bills discount?
Advances made against demand bills are bills purchased While those made against usance bills are bills discounted
Can you write off the legal bills for a divorce?
No, they are not a 'business' expense.
Who is responsible for medical bills after divorce has been final for one year?
If no provisions were set up during the divorce proceedings, medical bills would revert to the person receiving treatment.
What is the Jacksonville Jaguars record against Buffalo Bills?
The Jaguars are 3-5 against the Bills.
Can you sue your ex spouse if in the divorce decree it says the other party is responsible for paying some bills and he has not done so yet?
Yes. * A lawsuit is possible but the terms of the divorce in most states are not legally binding when it pertains to joint debt. The judge may not allow the dissolution terms to be used as grounds for recovering the debt unless the ex-spouse has already incurred out of pocket expenses connected with those debts.
How do you sue your ex for unpaid medical expenses on your child?
In the final divorce between the two of you , if paying of medical bills is clearly mentioned that he would pay it , then he better do it, or you can very well sue him for it.Another PerspectiveYou may not need to sue. If you have a separation agreement that was made part of the divorce decree and that provides that he must pay a share of the medical expenses, you can file a motion for contempt if he refuses to obey the order. The court can compel payment.
