Do you know what a Deferred Retirement Option Program (DROP Account) is? Do you know whether or not the DROP account in your matter is community property or separate property? If not-you should listen to this podcast to learn more!

What Is A DROP Account?

Here is an analogy of a ‘valuation date issue’:In 2010 Albert had $100 at Bank of AmericaIn 2013 Albert separated from Betty.In 2015 Albert transferred $105 to Wells Fargo (100% of the Bank of America Account balance)In 2020 Albert’s divorce completed and Albert is ordered to split his account 50-50 […]

Here Is An Analogy Of A Valuation Date Issue