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Can my husband provide statement to give up rights to my 401K and stock options?
Houston, TX
Viewed 24 times.
Posted about 1 month ago in Divorce / Separation
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I will soon be filing for divorce. My husband has verbally agreed to give up any rights to my 401k and stock options. He is willing to provide and sign a statement to that effect. Will a signed statement be legally binding and if so, what elements should the statement include?
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Answers (1)Kevin L. Colbert
This attorney is licensed in Texas.
Posted about 1 month ago.
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The statement would be an agreement to partition communtiy property. To be enforceable, the agreement must state it is a partition and that it is the express intent of the parties to partition the property. The agreement must be in writing, signed by the parties voluntarily and provide a fair and reasonable disclosure of the property. Your husband must voluntarily and expressly waive any and all interest in the 401k and the stock options.
This answer is intended for eduacational purposes and does not constitute legal advice nor the formation of an attorney-client relationship. |