If it's part of a divorce, won't the Judge automatically do a QDRO?
Posted on Jul 15, 2020 12:56pm PDT
Martin from Bethesda, Maryland asks, "If it's part of a divorce, won't the Judge automatically
do a QDRO?"
Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "No. The judge’s duty is to divide the marital property according
to the law. If you need a special order to actually make the division
happen, you need to draft and submit the order for the judge’s approval
and signature. Every retirement plan has different rules and requirements,
so a judge cannot know what will work for your plan. You are responsible
for submitting the required forms to the plan administrator. The court
does not file these forms for you. If you do not have a QDRO, you will
not receive retirement benefits directly from the plan."
Pension Evaluators & QDROS Of Troyan, Inc Associates Group QDRO Consulting
offers expert QDRO outsourcing services to divorce attorneys and mediators,
as well as retirement plan administrators.
Divorce attorneys/mediators – You can rely on Pension Evaluators & QDROS Of Troyan, Inc
Associates Group QDRO Consulting to draft QDRO documents correctly and
promptly for your clients, and obtain pre-approval by the plan administrator.
We will be pleased to work with you, or directly with your clients, in
the QDRO process. Just complete and mail the application form on this
site (or direct your client to do so), along with prepayment of our fee,
either by check or credit card (online).
DISCLAIMER: Any legal information on this blog has been prepared by Troyan from informational purposes only and should not be construed as legal advice. The material posted on this website is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Note that sending an e-mail to Troyan does not create an attorney-client relationship, and none will be formed unless there is an agreement between the firm and the individual.