Common use of Other Plan Clause in Contracts

Other Plan. We have attached a separate sheet with our plan regarding the home. [ ] 3. One or both of us has other real property as set forth in the Real Property List (Attachment B), and we have agreed to divide that property as set forth in the attachment. If one party owes the other money for the division of the other real property, that amount should be included in the calculation of the Cash Payment, Section III, below. C. Bank and investment accounts (such as checking accounts, savings accounts, stocks, bonds, certificates of deposit, mutual funds, or life insurance policies with cash value). (Choose 1 or 2) [ ] 1. We do not have any bank or investment accounts. [ ] 2. We have the following bank or investment accounts and will divide them as follows: Petitioner will have the following bank or investment accounts: D. Retirement Plans (such as IRAs, retirement accounts, pension plans, or 401(k) plans).5 (Choose 1 or 2) [ ] 1. Neither of us has a retirement plan. [ ] 2. We will be dividing our retirement plan(s) as follows: Petitioner has the following retirement plan(s): (Circle one to show whether Petitioner will KEEP the entire plan, DIVIDE the plan with Respondent, or TRANSFER the entire plan to Respondent) If plan will be DIVIDED, the amount or % to be given to Respondent: [KEEP] [DIVIDE] [TRANSFER] [KEEP] [DIVIDE] [TRANSFER] [KEEP] [DIVIDE] [TRANSFER] (Check and complete if retirement plan(s) will be divided) [ ] For the following retirement plans that will be divided, Petitioner shall prepare a Qualified Domestic Relations Order (“QDRO”), obtain the signature of the other party, and submit the QDRO to the Court by (date).6 (List the plans) [ ] For the following retirement plans that will be divided, Respondent shall prepare a Qualified Domestic Relations Order (“QDRO”), obtain the signature of the other party, and submit the QDRO to the Court by (date).6 (List the plans) E. Vehicles (such as cars, trucks, motorcycles, recreational vehicles, boats, tractors, or trailers).7 (Choose 1 or 2) [ ] 1. We do not have any vehicles. [ ] 2. We have vehicles and are dividing them as follows: Petitioner will keep the following vehicles and assume any debt relating to each vehicle (provide the make, model, and year of each vehicle and list the vehicle identification number): Respondent will keep the following vehicles and assume any debt relating to each vehicle (provide the make, model, and year of each vehicle and list the vehicle identification number):

Appears in 4 contracts

Samples: Marital Settlement Agreement, Marital Settlement Agreement, Marital Settlement Agreement

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