Why do I need a QDRO prepared by an attorney? The retirement plan sent me a model QDRO.
The rules governing QDROs and retirement plans are complex and constantly changing. Although the model is often a good starting point, it does not necessarily address all the issues contemplated in the marital settlement agreement. The model usually provides several choices which are written in legalese that Plan participants may have difficulty understanding. Because the pension often represents a significant asset, it is important for you to understand the choice you are making and an attorney can help you make choices that are in your best interest. Also a QDRO must contain certain information contained in the Employee Retirement Income Security Act and the Internal Revenue code that an attorney will be more familiar with.
Speak to an Experienced Qualified Domestic Relations Order Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified qualified domestic relations order lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local qualified domestic relations order attorney to discuss your specific legal situation.
Additional Qualified Domestic Relations Order Articles
- Why do I need a QDRO?
- Why should I get a QDRO now? Why can’t I wait until my former spouse retires or until I need the money?