Asked in Divorce for Tennessee

Q: Can I apply for an agreed divorce if I have 160$ on my personal 401 k

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1 Lawyer Answer
Leonard Robert Grefseng
Leonard Robert Grefseng
  • Columbia, TN
  • Licensed in Tennessee

A: yes, I assume you a re talking about the forms put out by the Supreme court that say they ( the forms) can't be used if you have retirement benefits. The retirement benefits are not the problem, the problem is that dividing the benefits usually requires complicated court orders called QDROs ( pronounced quad-dro) and it's basically impossible for non-lawyers to prepare a QDRO. However since you only have $160, you can easily effect a division of that by just giving your spouse $80. You MDA should recite whatever division that the two of you agree on,

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