This is a question for a financial advisor, not an attorney.
Attorney Williams practices FAMILY LAW throughout the State of California. The response provided in this forum is not intended to create an attorney-client relationship. The information offered in this response is for general informational purposes only and should not be relied upon without further consultation with a legal professional after all relevant facts are disclosed and considered. DANIEL S. WILLIAMS, ESQ. LAW OFFICES OF DANIEL S. WILLIAMS 500 LIGHTHOUSE AVENUE, STE. A MONTEREY, CA 93940 (831) 233-3558 -- OFFICE (831) 233-3560 -- FAX
Speak with a CPA about opening an IRA and about a tax free rolling over of your husband's IRA into that account.
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You will need to use a QDRO (Qualified domestic relations order) to move these funds without penalty. You have to get the QDRO form to the administrator of the retirement account.
DISCLAIMER: NO ATTORNEY CLIENT RELATIONSHIP HAS BEEN FORMED. Please consult with an attorney licneced in your jurisdiction. This information is being provided for informational purposes only
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