as for the 401k money..I'd tell him to sell the cows..
Just a thought.. in Iowa you entitled to 1/2 his 401K & he to yours. That is a non-taxable roll-over event. But it doesn't give you the $$ for cash flow or a pile of $$ to dip into for future job training (like your ideas about career change).
If he sells the cows there will more than likely be capital gains tax + income tax which easily can top 35% depending on the tax bracket he would be in, which he could argue should come out of the sales proceeds.
What my StBX is considering is taking a loan out against the cows/machinary for a portion of my lump sum up front payment & then I'm taking the remainder as scheduled payment.
It isn't easy, despite it being 'just business'.. thinking of you Bridge
Divorced 03/2010 Mom to two amazing kids
Taking the road less traveled because those encountered on the way may be just as unique.
