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Any marriage could potentially end in a messy divorce. However, some couples are at greater risk of protracted divorce conflicts than others. Those who have enjoyed a more comfortable standard of living during the marriage and who have more shared wealth might be at...
You may have heard that a Qualified Domestic Relations Order (QDRO) can be used to divide retirement accounts, often during a divorce. For instance, one spouse may be an employee earning a pension, and their ex may use a QDRO to ensure they receive a portion of that...
When you use a qualified domestic relations order (QDRO), you can split up a retirement account, such as a pension plan. If your spouse is receiving a pension from their employer, there’s a good chance you were counting on this money to retire. You don’t necessarily...
Dividing property is often one of the most challenging aspects of a divorce, as spouses often disagree about what is fair. Those with larger marital estates often have more valuable assets to address, and they may have issues with non-compliance even after the end of...
A QDRO, which stands for Qualified Domestic Relations Order, is a legal document that is typically used in the context of divorce or separation to divide employment-sponsored retirement accounts, such as 401(k)s and pension plans, between divorcing parties. It is a...
Divorce can be a very lengthy, stressful and expensive process. The average person will breathe a profound sigh of relief when they have fully resolved their divorce. Signing an agreement related to property division or getting a final order from the courts may make...
High-asset couples that have acquired valuable property during their marriages often experience major challenges when they prepare for divorce. Dividing their resources can be very difficult. Retirement accounts are among the assets that can be the biggest challenge...
Retirement benefits must often be split between two individuals who are getting divorced. This arrangement may be particularly appropriate if one person has a pension plan or another type of employer-sponsored retirement plan and the other does not possess a similar...
Division of assets during a divorce can be complex. With all the intricate processes and documents, you may end up not pursuing certain things that can benefit you. And one of them is a qualified domestic relations order (QDRO). A QDRO allows an ex-spouse to pay child...
If your spouse has a pension plan and you’re thinking about asking for a divorce, you may be concerned about losing that pension. Many couples plan to retire for decades, so you may have been doing a lot of planning based on this retirement account. If getting...