Michael E. Bertin partner with Obermayer Rebmann Maxwell & Hippel. Treatment of 529 Account in Divorce Settlement Agreement
An increasingly common issue faced by divorcing spouses, as well as family law attorneys, is the treatment and disposition of custodial accounts and 529 accounts for the parties' children.
August 17, 2020 at 01:22 PM
8 minute read
An increasingly common issue faced by divorcing spouses, as well as family law attorneys, is the treatment and disposition of custodial accounts and 529 accounts for the parties' children. Questions arise as to how the accounts will be distributed and what will happen to the accounts after the parties divorce. In the recent case of Brooks v. Brooks, __ A.3d __, 2020 PA Super. 66 (March 16, 2020), the Pennsylvania Superior Court addressed the issue of 529 accounts and custodial accounts in relation to marital settlement agreements.
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