Heard of this with the husbands pension but a first for the wife's.
Hoping you already have a lawyer for divorce proceedings or is it just a mediator?
How long were you married? Did she have the job before you married?
Do you both have 401ks? Do you have a house? Is one of you getting it or is being sold and you are splitting the proceeds.
What about debts. I would think if you have been married for a long time everything is 50/50. If signing off to not receive her pension is that going to effect you being able to live?
In my brothers instance, they were married for 20 yrs. He had a good pension. 200k in savings and money put by for College. She wanted half his pension. He ended up giving her the savings and still had a college fund for the girls. House sold, proceeds split in half.
I would agree with those who said no. Don't sign over anything. The divorce process is designed to divide up assets fairly, my advice is to let it run it's course.
The advice others have given is spot on. This should be addressed by YOUR lawyer and accountant. Even the friendliest divorces are basically adversarial. You need advice from lawyer who is responsible for representing YOU. These types of decisions, made in a spirit of compromise and civility, can cause BIG trouble downstream. I've seen this, Big Time. So don't make decisions based on your emotions.
Why on earth would you want to sign away anything? It will all be settled in court.
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Hoping you already have a lawyer for divorce proceedings or is it just a mediator?
How long were you married? Did she have the job before you married?
Do you both have 401ks? Do you have a house? Is one of you getting it or is being sold and you are splitting the proceeds.
What about debts. I would think if you have been married for a long time everything is 50/50. If signing off to not receive her pension is that going to effect you being able to live?
In my brothers instance, they were married for 20 yrs. He had a good pension. 200k in savings and money put by for College. She wanted half his pension. He ended up giving her the savings and still had a college fund for the girls. House sold, proceeds split in half.
Make sure you protect your interest.
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Why on earth would you want to sign away anything? It will all be settled in court.
Why would you even take this under consideration? Are you feeling as though you are responsible for her financial well-being?
If so, you need to talk you someone with YOUR best interests at heart, your lawyer and CPA, to determine what the best settlement for YOU is.
Talk to a Lawyer, usually the first consult is free and even if it is not, it would be worth the money for a peace of mind!