I have a client whose prior husband’s 401-k was finally partitioned (thru 2001 divorce) and she has $33,000 available to her now.
However, her current husband has disappeared 6 months ago and left her in bad financial condition.
With 3 kids, she is eligible for $2,000 total per month from the State (rent subsidy, food & child support).
She can receive that $2,000 per month if she didn’t own the $33,000 401-k.
What are her options to ‘disclaim’ or give funds to a relative ?

Bob Yackey in La Habra, CA
[email protected]