Shawnee, OK asked in Divorce and Family Law for Oklahoma

Q: In the Divorce Decree, when dividing retirement accounts do the names of the accounts need to be listed?

Draft of Decree simply reads "his (company name) retirement account to be divided 50/50". Is this acceptable or will it create issues down the line?

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1 Lawyer Answer
Charles Watts
Charles Watts
  • Licensed in Oklahoma

A: Technically it is ok.

Some attorneys like more information, some even like last 4 of account number, to eliminate questions. Other attorneys prefer less and would just say 50% of the retirement accounts to go to the other person to allow some flexibility. No set rule - both have pros/cons and if people want to argue against it they will and it will have to be defended either way it is written.

Another factor to also insure is the beneficiary is reflected properly and it is addressed the portion to the ex-spouse is properly addressed.

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