Retirement Benefits Not Part of the Estate in Bankruptcy (In re Lawson)
Carolyn Woodruff, JD, CPA, CVAIn re Lawson, 570 B.R. 563 (Bankr. N.D. Ohio 2017)
Facts: A husband and wife filed divorce proceedings in Ohio. Among the marital assets was the husband’s defined contribution retirement plan. The parties read into the record in the Ohio action an agreement that awarded the wife 50% of the plan account. The court approved the agreement. No DRO was immediately entered. Continue reading →