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Pennsylvania Family Law Updates, Events & Useful Tips Surrounding Family Law Issues

Tag Archives: beneficiary

LAW FIRM ASKS COURT FOR GUIDANCE AS TO WHETHER PARENTS OR DOMESTIC PARTNER SHOULD RECEIVE BENEFITS OF A PROFIT SHARING PLAN

Posted in Equitable Distribution

Philadelphia based law firm, Cozen O’Connor, has asked the Eastern District of Pennsylvania for guidance as to the validity of a beneficiary designation form submitted by the parents of a deceased partner in their Chicago office. The parents of Ms. Sara Ellyn Farley, Esquire are seeking to receive the proceeds due to their daughter from the… Continue Reading

WHEN IT COMES TO ERISA, FOLLOW THE RULES

Posted in Equitable Distribution

It is a common scenario. When a couple divorces, one or both spouses may have a retirement plan governed by the Employee Retirement Income Security Act of 1974 (ERISA). The most common ERISA retirement plan is the 401(k). As with other assets, those ERISA retirement plans must be divided and/or distributed between the spouses. It is easy to assume… Continue Reading