The spouse who will be the alternate payee of the QDRO commonly contacts an attorney to draft a QDRO document that will order the funds to be transferred. Most plan administrators have standardized forms for thi
it is probably wise to at least consult an attorney to review the division of retirement assets. Divorcing spouses who do not understand the ins and outs of the process can both lose in some cases. This is due simply to a lack of knowledge on how pensions and other retirement assets work...
When a retirement asset is identified as part of a divorce, your spouse is required by law to identify it as an asset on a financial disclosure statement. If you are working with an attorney, they will make sure this is included, but if not, you must make sure you include this asset ...
This is called a QDRO, Qualified Domestic Relations Order. Click to contact our Raleigh, NC, asset division attorney today A Raleigh Property Division Attorney Can Help with the Division of Your Marital Assets Divorce is an emotionally draining process where spouses are sometimes competing for ...
to divert a portion of his monthly payments to you. If he’s retired and if he's currently collecting, you’ll begin to receive this money immediately. If you did not use an attorney for your divorce, you should have a financial professional, such as an accountant, prepare the QDRO for...