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Pending divorce proceedings...

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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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Reply to rovana
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Don't do anything before talking to your lawyer!
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Reply to golden23
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Not just talk with a lawyer, but also with your accountant if you have one. You need to understand the legal AND the financial ramifications.
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Reply to MountainMoose
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Just to enlarge on my question, I'm not trying to torture you, really!

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.
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Reply to BarbBrooklyn
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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.

Make sure you protect your interest.
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Reply to JoAnn29
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You should never sign or agree to anything that can and will have long term effects on your life/livelihood!

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!
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Reply to Shell38314
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Why on earth would you even consider doing this?
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Reply to BarbBrooklyn
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worriedinCali Jan 4, 2019
Because she may be legally entitled to it. which is why this needs to be discussed with his lawyer.
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Reply to kellse
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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.
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Reply to faeriefiles
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