QDRO
What We Do
Our firm will draft the QDRO petition, get it pre-approved, file it with the court, and serve the plan provider.
A Qualified Domestic Relations Order (QDRO) can help you when it comes to retirement accounts in your divorce case.
Why Choose Us
We are experienced and knowledgeable attorneys who personally know how difficult the process of property division can be. Under California law, most property acquired after the date of marriage will be classified as community property, and as such, it will be subject to division in your divorce. When it comes to retirement accounts, nearly all, or at least a portion of the retirement account, will in fact be classified as community property.
You may be concerned about the penalties and other fees associated with dividing your marital retirement assets. Here is where a QDRO comes in. A QDRO is a particular kind of court order that allows parties who are getting divorced to divide certain retirement benefits without incurring added costs.
Without proper legal counsel and a court order to divide the retirement accounts, you could incur a 10% penalty and other fees under ordinary circumstances. Division of the retirement assets and the tax implications associated with it are crucial when finalizing your dissolution of marriage.
Many of our clients are professionals, entrepreneurs, executives, or the spouses of high earners. We provide sophisticated analysis and strategies to divide your marital wealth.
Our firm also offers valuations in determining your separate and community property interest in your retirement accounts. We use proven algorithms to ascertain your interest in a retirement account(s), thereby eliminating the cause of litigation and extraordinary legal fees to have the court determine the same issue(s).
The legal and financial issues that arise in the retirement division are critical in divorce. In many cases, retirement benefits are one of the largest assets in a divorce. From the start of your case, the retirement benefit division should be included in the discussion.
QDROs can also be used to obtain child and/or spousal support from a retirement account. A failure to focus on retirement assets could cause you to lose a fortune in valuable benefits that can be secured by a QDRO!