IRA transfer

[don688]

Our divorce decree states a specific amount to be transfered from my IRA to my Xs IRA. There is not a clause or words stating that the gains or losses have to be adjusted from time of divorce to time of transfer, in the decree.
My Xs lawyer wants me to sign papers stating " The amount transfered shall
be adjusted for gains or losses from date of divorce to date of transfer."
The account did gain. Do I have to pay those gains???
Also, can I charge a management fee of 2% on the transfered amount???
Since the amount has gained ,during these perilious time, due only to my diligence. ThankYou

 

[dee_dub]

Generally you don't need to adjust; you comply with the order as stated. I would stand firm. If there is disagreement over the terms of the order, the two of you might need to get the clerk's notes or go back to court to clarify. You might be required to pay post-judgment interest.

On what legal basis would you be entitled to charge a management fee?

 

[don688]

Thanks so much. I will stand firm.
Didn't know if I could charge a management fee. Worth a try, since the account grew.
I know if the account had lost ,my Xs lawyer would fight for the original amount and not calculate the loss.