Golden Mean
Recycles dryer sheets
- Joined
- Feb 20, 2009
- Messages
- 196
Hoping for some insight from people that may have gone through this. Not looking for official lawyerly info, just "this is how it went for me".
Wife and I are divorcing. It's amicable. We are in California. We filed in Feb, got the (Granted) Judgement in May and the actual divorce date is in August. Did the whole thing through an office that helps file the paperwork correctly but isn't a law office.
Part of the agreement is for me transfer part of my IRA, Roth and Mutual Fund accts to hers. Here's my question: Should I do this before the August divorce date or after? Talked to Vanguard and they couldn't/didn't give me any answer either way. They seemed to think it didn't matter, but I don't want to get the timing wrong with this and trigger some sort of tax event.
I'm thinking I do the Mutual Funds now (they are considered a "change of owner") which I think would be a non-tax event while we are still officially married and do the IRA and Roth after the official date.
Any feedback would be much appreciated.
Wife and I are divorcing. It's amicable. We are in California. We filed in Feb, got the (Granted) Judgement in May and the actual divorce date is in August. Did the whole thing through an office that helps file the paperwork correctly but isn't a law office.
Part of the agreement is for me transfer part of my IRA, Roth and Mutual Fund accts to hers. Here's my question: Should I do this before the August divorce date or after? Talked to Vanguard and they couldn't/didn't give me any answer either way. They seemed to think it didn't matter, but I don't want to get the timing wrong with this and trigger some sort of tax event.
I'm thinking I do the Mutual Funds now (they are considered a "change of owner") which I think would be a non-tax event while we are still officially married and do the IRA and Roth after the official date.
Any feedback would be much appreciated.