I Have A Pension | What Is A QDRO Qualified Domestic Relations Order | Los Angeles Divorce
We Now Offer QDRO Service For All Pensions, 401k’s, 403b’s and Retirement Systems
Today, we are answering the question of what is a QDRO.
QDRO stands for Qualified Domestic Relations Order. And if you’re reading this article, you probably have a pension.
QDRO are the legal instrument which divides up a pension.
(Update To This Blog Post)
We Now Offer QDRO Service For All Pensions, 401k’s, 403b’s and Retirement Systems
They are essentially an actuary who will go through and determine what percentage of the pension as community property belongs to your spouse or your spouse has an interest in.
If you have a pension and this is going to be divided, it is going to be a necessary to process q Qualified Domestic Relations Order.
And this is how it works essentially, you have the divorce going on on one hand and you have a pension that needs to be divided on the other.
The QDRO is an instrument that will be drafted by our firm and will be included with the judgment. It can either go and be filed along with the judgment at the time it’s filed or it can be indicated in the judgment that it will be divided at a later date.
And then later when that QDRO is completed, it can then be filed with the court even after the judgment has been submitted.
Don’t forget that that QDRO needs to be certified by the court and filed with the pension so they’d know, at the time of distribution, who is getting what.
If you have questions about our QDRO service whether you’re using our affordable divorce process service or not, give us a call because we can still prepare your qualified domestic relations order for you either way.
My name is Tim Blankenship, owner of Divorce661.com. We’re a licensed and bonded legal document preparation firm. We specialize in divorce in all of California.
You can reach me direct at 661-281-0266 or on our website at www.divorce661.com.