Divorce Magazine

Since 1996 Divorce Magazine has been the Internet's leading website on divorce and separation. We provide advice about divorce law, divorce lawyers, family law, custody, support and other divorce related issues along with a directory of divorce professionals.

 

Pensions, Retirement Plans, QDROs

Can An Attorney Be Sued For Not Filing A QDRO Quickly?

Tim Voit, a financial analyst in Bonita Springs and Fort Lauderdale, answers: Yes, as there are a number of liability issues surrounding QDROs. Not only are poorly drafted QDROs at issue, but simply not following through on implementing a QDRO for a client can lead to problems. In a case stemming from Delaware, a client […]

Do I Need A QDRO? If So, Who Prepares This Document?

If you are dividing a 401(k) or pension as part of equitable distribution in your divorce, then, yes, you will likely need a QDRO. A QDRO is an acronym that stands for Qualified Domestic Relations Order. The QDRO establishes your soon-to-be ex-spouse’s legal right to receive a designated percentage or portion of your qualified plan […]

Can I Receive Social Security If I Have Never Worked?

Roderick C. Moe, a Certified Public Accountant in Lake Worth, answers: If your spouse worked and you have been married for 10 years or more, then you are entitled to one-half of your spouse’s Social Security or your own – whichever is higher – even if you are divorced. Your spouse still retains 100% of […]

What Is A QDRO And Why Do I Need One For My Divorce?

Roderick C. Moe, a Certified Public Accountant in Lake Worth, answers: A QDRO (or Qualified Domestic Relations Order) is the legal document that separates a qualified pension or retirement account (including 401ks) pursuant to a divorce. The judgment of divorce is not sufficient to separate qualified plans: a QDRO is needed. There are many nuances […]

css.php Skip to content