When Should a QDRO Be Drafted?
Posted on Jul 16, 2020 3:25pm PDT
Mark from Charolette, NC asks, "When should a QDRO be drafted?"
Pension Evaluators® at Troyan, Inc.® answers, "Start this process early because it can take several weeks to get
all of the information. The earlier you have the information from the
plan administrator, the quicker you can start working on an agreement
with the other party or prepare for your trial on the how to divide the
retirement benefits. The ideal situation would be to have the court sign
the QDRO at the same time the divorce decree is entered. If the divorce
has already occurred, it is important to begin and complete this process
as soon as possible. If you do not have a QDRO, you will not receive retirement
benefits directly from the plan."
Pension Evaluators® at Troyan® 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® at Troyan® 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.