Do I need to hand over my retirement information to my wife’s lawyer for the indemnification of debt form and marriage settlement/agreement?
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Do I need to hand over my retirement information to my wife’s lawyer for the indemnification of debt form and marriage settlement/agreement?
My wife moved out 2 months ago. We want to get divorced. We both have very little money, or assets. I had drawn up a marriage settlement giving her all the furniture and all of our mutual possessions from our marriage. It had spaces for witness’s signature’s and a notary. I was trying to go for an uncontested divorce. She keeps her debts, I keep mine. I don’t own the home I’m living in, it is my late grandmother’s. I’m letting her keep her car, stocks and her individual bills. Her lawyer wants to revise my form so it “will hold up in court”. There are no children involved in this case, nor is there any abuse or infidelity.
Asked on August 17, 2012 under Family Law, Maryland
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Yes, I think that if her attorney is asking that you need to comply with the state requirements for financial disclosure. Retirement benefits are indeed potentially marital property. So I would speak with an attorney yourself here before you start agreeing to things to find out what she cal legally ask for and what you have to legally divide. Good luck.
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