Divorce or Legal Separation Sample Clauses

Divorce or Legal Separation. If all or any portion of your Account is awarded to a former spouse or spouse pursuant to divorce or legal separation, such portion can be transferred to an Account in the receiving spouse’s name. This transaction can be processed without any tax implications to you provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Code Section 408(d)(6)
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Divorce or Legal Separation. In the event of divorce or legal separation, neither party shall assert a clam for alimony or make a claim on separate or marital property owned by the other party during the marriage. This provision shall not apply to any property which is jointly owned during the marriage.
Divorce or Legal Separation. The Code provides that the transfer of your interest in a Xxxx XXX to your spouse or a former spouse under a divorce or separate maintenance decree or a written instrument incident to such decree is not considered a taxable transfer. After the transfer, the Xxxx XXX will be treated as maintained for the benefit of such spouse or former spouse. To effect such a transfer, you must provide the Custodian with a letter of instruction and the account number of the Xxxx XXX maintained by the spouse or former spouse.
Divorce or Legal Separation. The maximum period of coverage for a former spouse or dependents who lose coverage due to divorce or legal separation is 36 months.
Divorce or Legal Separation. If all or a portion of your Xxxx XXX is awarded to your current or former spouse due to divorce or legal separation, the recip- ient spouse may transfer such amount or portion to a Xxxx XXX in his or her name. Please contact Computershare Trust Company, N.A. for details as to how this is accomplished, or if this applies to you.
Divorce or Legal Separation. If all or any portion of your Account is awarded to a spouse or former spouse pursuant to divorce or legal separa- tion, such portion can be transferred to an XXX in the receiving spouse’s name. This transaction can be processed without any tax implications to you provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Section 408(d)(6) of the Code is received and accepted by the Custodian. The Custodian may in its discretion require other direction from you and the recipient of any portion of your SIMPLE-XXX.
Divorce or Legal Separation. If all or any portion of your Account is awarded to a spouse or former spouse pursuant to divorce or legal separa- tion, such portion can be transferred to an IRA in the receiving spouse’s name. This transaction can be processed without any tax implications to you provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Section 408(d)(6)
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Related to Divorce or Legal Separation

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