[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Administrator's Name] [Administrator's Position] [Name of Pension Plan] [Plan's Address] [City, State, ZIP] Subject: Division of Plan Proceeds per Court Order Dear [Administrator's Name], I hope this letter finds you well. I am writing to you as a participant in the [Name of Pension Plan] to request the necessary actions be taken in compliance with a court order for the division of plan proceeds. This court order has been issued by the [Name of Court] under case number [XXXIX]. As per the court order, it has been determined that a division of the plan proceeds is necessary between myself and my former spouse, [Name of Former Spouse], due to our recent divorce. The division is to be completed according to the formula outlined in the court order, which specifies that [provide details on how the plan proceeds will be divided, such as a percentage or specific dollar amount]. In light of this court order, I kindly request the following actions be taken by the [Name of Pension Plan]: 1. Calculation of Division: Please calculate the specific dollar amount or percentage of the plan proceeds that should be allocated to both myself and [Name of Former Spouse]. This calculation should be performed according to the terms specified in the court order. 2. Separate Accounts: Upon calculation of the division, I request that separate accounts be established for both myself and [Name of Former Spouse] within the pension plan. This will facilitate the allocation and administration of the divided plan proceeds. 3. Notifications: Once the division has been calculated and accounts have been established, I request that you inform both myself and [Name of Former Spouse] regarding the allocation of our respective portions. This communication should include details on the methodology used for the division and any additional information required to effectively manage our accounts. 4. Updates: Please ensure that any future communications regarding the pension plan, including statements, summaries, or changes, are sent to both myself and [Name of Former Spouse] separately. This will ensure that our individual interests and rights pertaining to the divided plan proceeds are protected. 5. Compliance: I trust that the [Name of Pension Plan] will fully comply with the court order and all applicable laws and regulations regarding the division of plan proceeds. Prompt and accurate execution of the division process is of utmost importance to both myself and [Name of Former Spouse]. I have attached the court order for your reference. As outlined in the court order, please complete the division and respective account establishment within [specific timeframe or date]. Additionally, I kindly request that you acknowledge the receipt of this letter, along with an estimated timeline for completion of the requested actions. Thank you for your attention to this matter. If you require any further information or documentation to proceed with the division of plan proceeds, please do not hesitate to contact me at [your contact information]. I look forward to your prompt response and the successful execution of the court-ordered division process. Sincerely, [Your Name]
Delaware Sample Letter to Pension Plan Administrator regarding Division of Plan Proceeds per Court Order
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How to fill out Delaware Sample Letter To Pension Plan Administrator Regarding Division Of Plan Proceeds Per Court Order?
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