Divorce Dex.com: Coverture Fraction

Definition Coverture Fraction - a mathematical formula used to calculate the percentage of a pension distributed to a noncontributory spouse (usually a wife) in a divorce action.

Application in Divorce In a coverture fraction, the denominator is the employed spouse’s total earning period. The numerator is the married years of earning the benefit.

In this routine, the ultimate benefit times the coverture fraction times the percentage attributable to the alternate payee determines the amount paid to the noncontributory spouse.

This fraction is also called the time rule.

See also Alternate Payee, QDRO.

Don't Forget to Visit Our Online Support Community

Your Suggestion

Questions & Answers

What is a coverture fraction?

A coverture fraction is a tool used by an appraiser to separate that portion of the benefits which was earned during the marriage, from that portion of the benefits which were earned outside of the period of marriage. The coverture fraction represents that portion of the value of the benefits attributable to the marriage. The numerator of the fraction represents the total period of time the pensionholder participated in the plan during the marriage, and the denominator is the total period of time the pensionholder participated in the plan as of the cut-off date.

Contributed on 9/19/2007 by: Pension Appraisers, Inc.Allentown, PA[Total Submissions: 12]

Category: Retirement Accounts (Applicable in All States)

Contribute Question/Answer

Helpful Tips & Facts

A Word to Women Getting a Divorce
A traditional married couple’s lifestyle is usually based on the husband’s income. It is important, therefore, to remember that property is divided one time, but a husband’s career assets continue to produce for years. These assets include salary, stock options, health and life insurance, disability, vacation and sick pay, education and training, and, most of all, potential earning power, which is usually greater than a wife’s.

Contributed on 6/27/2007 by: DivorceDex.com Staff
Category: Property Division (Applicable in All States)

Contribute Tip/Fact

Additional Resources

Report Broken Link

The Discount Divorce Bookstore Discounts

Visit the Original Online Divorce Bookstore for quick and easy access to quality books, manuals, divorce forms, software and other divorce related products. The store delivers you these products in a confidential and secure fashion with excellent customer satisfaction. All of our products are in stock and are shipped to you within one business day of the order by U.S. Priority Mail. Help Us - Help You.

Browse the Store Categories...

Books We Publish	Child Support	Children and Divorce
Custody & Visitation	Divorce (General)	Do It Yourself Divorce
Domestic Abuse	Friendly Divorce	Grandparent’s Rights
Infidelity	Mediation	Men Only
Military Divorce	Property and Financial Aspects	Recovery From Divorce
Religion and Spirituality	Saving Marriage	Separation
Women Only

Find Divorce Professionals We have an ever-growing list of divorce professionals that contribute to DivorceDex.com. To view a list of professionals in your area, please select your state: ALERT: If you are a divorce professional (attorney, mediator, counselor, financial planner, etc.) generating new clients by joining the directory is easy and free.

Home

Forums

FastFacts

#813: If you and your spouse decide to use mediation, once reaching an agreement, it is best to each have his or her own lawyer review the agreement in draft form before signing. This way any financial and legal repercussions of an agreement may be discovered that would have otherwise been missed.

FastFact Sponsor
PensionAppraisalDesk

QDRO Preparation - QdroDesk™ is an industry proven online service providing an instant, easy, accurate, and affordable method for obtaining Qualified Domestic Relations Orders (QDROs).

Online Divorce - With or without children, 123DivorceMe.com is the fastest, easiest, and most affordable way to file your own uncontested divorce.

Online Parenting Class - Avoid the hassle of completing the mandatory course by taking the "Positive Parenting Through Divorce" class online.

Due to the possibility of unanticipated or unexpected changes in state statutes and related case law the information contained on this page and/or with in this online divorce information index, the owners and any and all persons or entities involved in any way in creation and management of the website and service disclaim all responsibility for the legal effects or consequences of the interpretation or use of the information provided in any way. Those individuals that are in need of legal advice are encouraged to contact a lawyer. You may locate a lawyer in our Find Professionals Area.

Terms & Conditions | Contact Us | Link to DivorceDex

Divorce Source, Inc.
You may reproduce materials available on this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Violation of this notice may result in immediate legal action.