Dividing Retirement Accounts in Divorce: What You Need to Know | Los Angeles Divorce

Posted by Tim Blankenship on

 

Dividing Retirement Accounts in Divorce: What You Need to Know

Divorce is never easy, especially when it comes to dividing assets. One of the most significant assets couples often need to divide during a divorce is retirement accounts. Many people mistakenly believe that their 401(k) or pension is solely theirs, but in California, retirement savings are considered community property. This means they may need to be divided fairly between both spouses. In this article, we will explore how retirement accounts are split in divorce, the importance of Qualified Domestic Relations Orders (QDROs), and alternative options for asset division.

Understanding Community Property in California

In California, the law dictates that all assets acquired during the marriage are community property and must be divided evenly in a divorce. This includes retirement accounts like 401(k)s, IRAs, and pensions. However, it’s essential to note that contributions made before marriage or after separation belong solely to that spouse.

For example, a client thought their 401(k) was theirs alone, but since contributions were made during the marriage, their spouse was entitled to a share. We helped them divide it fairly and without complications, ensuring both parties understood their rights and obligations.

How Are Retirement Accounts Split in Divorce?

Dividing retirement accounts can be approached in several ways:

  • Splitting the Account: Each spouse receives a portion of the retirement funds.
  • Offsetting with Other Assets: One spouse keeps the retirement account while the other receives something of equal value, such as home equity.
  • Waiting for Payouts: For pensions, benefits may be split when payouts begin.

Understanding these options allows couples to negotiate a fair division of retirement assets that meets their financial needs.

Example Scenarios of Retirement Account Division

Let’s dive into some examples to illustrate how retirement accounts can be split:

Example 1: The 401(k) Split

Imagine a couple married for 15 years. During this time, one spouse contributed $300,000 to their 401(k). At the time of divorce, that account is worth $600,000. The court would typically divide this evenly, with each spouse receiving $300,000.

Example 2: Offsetting with Other Assets

In another scenario, one spouse may choose to keep their 401(k) intact while the other receives a larger portion of the marital home’s equity. This arrangement can be beneficial if one spouse has a significantly higher retirement account balance compared to other marital assets.

The Importance of Qualified Domestic Relations Orders (QDROs)

A crucial step in dividing retirement accounts is obtaining a Qualified Domestic Relations Order (QDRO). This is a court order that allows retirement funds to be transferred without penalties. Skipping this step can result in massive tax penalties, which could significantly impact the financial well-being of both parties.

At Divorce661, we handle all paperwork and court filings related to QDROs, ensuring they are completed accurately to avoid any future complications. Our flat-fee pricing means no expensive lawyer fees, and our 100% remote service allows you to finalize your divorce from the comfort of your home.

Alternative Options for Dividing Retirement Accounts

Sometimes, couples may wish to explore alternatives to dividing retirement accounts directly. Here are a few strategies:

  • Offsetting Assets: As mentioned earlier, one spouse can keep the retirement account while the other takes a more significant share of other marital assets.
  • Negotiating a Settlement: Couples can negotiate a settlement that allows for a more equitable distribution of assets without directly splitting retirement accounts.
  • Waiting to Divide: In certain cases, it might be beneficial to wait until retirement benefits are ready to be paid out before dividing them.

These alternatives can help couples navigate the complexities of asset division while still ensuring that both parties are treated fairly.

Real Client Story: Avoiding Complications

We once worked with a client who assumed their 401(k) was theirs alone. After reviewing their contributions, we discovered that significant contributions were made during the marriage, meaning their spouse was entitled to a portion. By structuring the division correctly and fairly, we helped prevent legal and tax issues from arising, allowing our client to move forward without complications.

Final Thoughts

Dividing retirement accounts in divorce can be complex, but understanding your rights and options is crucial. Whether you choose to split accounts, offset with other assets, or wait for payouts, being informed can help you avoid costly mistakes.

If you need help navigating the division of retirement accounts in your divorce, contact Divorce661.com today for a free consultation. Our experienced team is here to assist you with all paperwork and ensure you avoid financial pitfalls during this challenging time.

 

Understanding QDRO Services: What You Need to Know | Los Angeles Divorce

Posted by Tim Blankenship on

 

Understanding QDRO Services: What You Need to Know

When going through a divorce, navigating the division of retirement accounts can be one of the most complex aspects. If you have a pension or a 401k that needs to be divided, you’ll likely encounter the term QDRO, which stands for Qualified Domestic Relations Order. This article will explore the ins and outs of QDRO services, why they matter, and how to select the right service for your needs.

Key Takeaways:

    • Many QDRO firms do not file with the court: It’s crucial to understand that while some firms draft the QDRO, they may not handle the court filing process.
    • Full-service options exist: Choosing a firm that provides comprehensive services can save you time and stress in the long run.
    • Understand the fees involved: Lower fees may indicate limited services, so it’s essential to assess what you’re paying for.

The Importance of QDROs in Divorce

During a divorce, dividing retirement accounts like pensions and 401(k)s can be challenging. A QDRO is a legal order that allows for the division of these accounts without incurring tax penalties. It ensures that the non-employee spouse can receive their share of the retirement benefits. However, the process is often misunderstood, and many people don’t realize the importance of having a comprehensive service.

What a QDRO Firm Should Do

When selecting a QDRO service, it’s important to look for a firm that provides full-service offerings. Many firms will draft the QDRO but leave the filing and approval processes up to you. This can create additional work and stress during an already challenging time. A full-service QDRO provider should:

  • Draft the QDRO and any necessary joint orders.
  • File the QDRO with the court.
  • Communicate directly with the plan administrator to ensure approval.
  • Handle any necessary follow-ups to finalize the order.

Why Many Firms Don’t File QDROs

It’s not uncommon for QDRO firms to focus solely on drafting the order without offering to file it with the court. This practice can lead to confusion and additional work for clients who may not be familiar with the court processes involved. Understanding why some firms operate this way can help you make more informed choices when selecting a service.

Cost Considerations

One of the reasons some firms may charge lower fees is that they limit their services to just drafting the QDRO. By not offering filing services, they can present a lower cost to potential clients. However, this can lead to unexpected costs and complications down the road when you have to deal with the court and plan administrator yourself.

Choosing the Right QDRO Service

When selecting a QDRO service, consider the following factors to ensure you’re making the best choice for your situation:

  • Service Scope: Ensure the firm offers full-service options that include drafting, filing, and communication with all relevant parties.
  • Experience: Look for firms with a proven track record of handling QDROs efficiently and effectively.
  • Client Reviews: Research client testimonials to gauge the quality of service and satisfaction.
  • Transparent Fees: Understand the fee structure upfront to avoid surprises later on.

Final Thoughts

Dealing with the division of retirement accounts during a divorce can be daunting. However, choosing the right QDRO service can simplify the process significantly. Opt for a full-service firm that will handle everything from drafting to filing, ensuring that you can focus on moving forward with your life. Remember, while lower fees may seem appealing, they may not reflect the comprehensive service you truly need.

In conclusion, understanding the QDRO process and selecting a service that meets all your needs is crucial for a smooth divorce experience. By being informed and proactive, you can ensure that your retirement assets are divided fairly and efficiently, allowing you to focus on rebuilding your life post-divorce.

Equalizing Your Pension and 401(k) During Divorce | Los Angeles Divorce

Posted by Tim Blankenship on

 

Equalizing Your Pension and 401(k) During Divorce

When going through a divorce, financial matters can quickly become complicated and overwhelming. One area that often raises many questions is the division of retirement accounts such as pensions and 401(k)s. In this blog, we’ll explore an effective strategy to equalize these assets without dividing them, which can save you both time and money.

The Importance of Equalizing Retirement Accounts

Dividing retirement accounts is a common aspect of divorce proceedings. However, it’s essential to consider how this division can impact your financial future. Many people don’t realize that dividing multiple pensions and 401(k)s can lead to significant costs, especially if you have to go through a Qualified Domestic Relations Order (QDRO) process for each account. This is where equalization comes into play.

Understanding Pensions and 401(k)s

Before diving into equalization strategies, it’s crucial to understand the difference between pensions and 401(k) plans. Pensions are defined benefit plans where the employer promises to pay a specified monthly amount upon retirement, based on factors like salary and years of service. In contrast, 401(k) plans are defined contribution plans where employees contribute a portion of their salary, often with employer matching.

Why You Should Consider Equalization

Many divorcing couples mistakenly think that the only option is to divide their retirement accounts equally. However, equalizing means finding a way to balance the overall financial picture without splitting the accounts. This can be particularly beneficial if one spouse has significantly more retirement assets than the other. By equalizing, you can maintain the integrity of the larger accounts while ensuring both parties receive a fair outcome.

How to Equalize Your Accounts

Equalizing retirement accounts involves strategically deciding which accounts to keep whole and how to balance the total value. Here’s a straightforward approach to make this work:

  1. Identify Your Accounts: Start by listing all pensions and 401(k)s in your marital settlement agreement. This will give you a clear picture of what needs to be addressed.
  2. Assess the Value: Determine the current value of each account. This may require professional evaluations, especially for pensions, which can be complex to value.
  3. Choose Accounts to Keep Whole: Decide which accounts you or your spouse would prefer to keep intact. For example, if one spouse has a larger 401(k), it may be beneficial to keep that account whole while using the value to equalize the other spouse’s share.
  4. Calculate the Equalization Amount: Once you’ve identified which accounts to keep whole, calculate how much needs to be transferred from the larger account to equalize the total value with the smaller accounts.

Practical Example of Equalization

Let’s consider a practical example for clarity. Suppose during the divorce, there are three retirement accounts: a large pension worth $200,000, a 401(k) worth $50,000, and another 401(k) valued at $30,000. Instead of dividing all three accounts, you could keep the large pension intact and agree that the holder of the pension pays the other spouse an amount that equalizes the total value.

In this case, the total value of the smaller accounts is $80,000. To equalize, the spouse with the pension could transfer $80,000 worth of assets or cash to the other spouse. This way, each party ends up with an equal share of the total retirement assets without the hassle and expense of splitting multiple accounts.

Why Avoid Multiple QDROs?

Filing multiple QDROs can be costly and time-consuming. Each QDRO may require legal fees, court filings, and administrative work, adding up to a significant expense. By equalizing your accounts, you can minimize these fees and streamline the divorce process. One QDRO is generally easier and more efficient than several.

Consulting with Professionals

While the idea of equalizing your retirement accounts sounds straightforward, it’s essential to consult with professionals who understand the intricacies of divorce law and retirement benefits. A divorce attorney with experience in financial matters can provide valuable insights and help you navigate the complexities of your specific situation.

Working with Financial Advisors

In addition to legal counsel, working with a financial advisor can be beneficial. They can help you understand the long-term implications of your decisions, ensuring that you make choices that align with your financial goals. A financial advisor can assist in valuing assets and projecting future retirement needs based on the equalization strategy you choose.

Conclusion

When navigating the choppy waters of divorce, it’s crucial to have a clear strategy for handling your retirement accounts. Equalizing your pensions and 401(k)s instead of dividing them can save you money and time while ensuring a fair outcome for both parties. By understanding the process and consulting with the right professionals, you can create a financial plan that supports your future after divorce.

Remember, every divorce is unique. Take the time to explore your options, and don’t hesitate to seek advice tailored to your specific circumstances. The right approach can set you up for a brighter financial future, even after a challenging life transition.

 

Pensions, 401(k)s, and Divorce: Understanding the QDRO Process | Los Angeles Divorce

Posted by Tim Blankenship on

Pensions, 401(k)s, and Divorce: Understanding the QDRO Process

Divorce is a challenging and often confusing process, especially when it comes to dividing marital assets. Among these assets, retirement accounts such as pensions and 401(k)s can be particularly complex. Understanding how to navigate the division of these accounts is crucial for your financial future. In this blog post, we’ll explore the essential aspects of Qualified Domestic Relations Orders (QDROs), their importance, and what you need to know to ensure a fair division of your retirement savings during a divorce.

What is a QDRO?

A Qualified Domestic Relations Order, or QDRO, is a legal document that allows for the division of retirement plans between divorcing spouses. If you have a 401(k), pension, Deferred Compensation plan, or a 403(b) — essentially any employer-sponsored retirement plan — a QDRO is necessary to divide these assets fairly. It establishes the right of one spouse to receive a portion of the benefits from the other spouse’s retirement plan without incurring tax penalties.

The Importance of QDROs in Divorce

When going through a divorce, it’s essential to ensure that retirement accounts are divided according to the law. Without a QDRO, you risk losing out on your rightful share of these assets. A QDRO protects your financial interests by allowing for the transfer of retirement funds while avoiding tax consequences that typically arise from early withdrawals. Understanding the QDRO process can save you from financial headaches down the road.

How Are Retirement Accounts Treated in Divorce?

In most states, retirement accounts acquired during the marriage are considered marital property and are subject to division. This includes contributions made to 401(k)s, pensions, and other retirement plans during the marriage. The key point is that only the marital portion of these accounts is divided. Contributions made before the marriage or after the legal separation are usually considered separate property and remain with the original account holder.

Determining the Marital Portion

To determine how much of a retirement account is subject to division, several factors must be considered:

  • The length of the marriage
  • The duration of contributions to the retirement account during the marriage
  • The account’s growth over time

In some cases, forensic accountants may be employed to help determine the precise marital portion by analyzing contributions, appreciation, and any income generated by the retirement assets throughout the marriage.

Types of Retirement Accounts and QDRO Requirements

Different types of retirement accounts have varying requirements when it comes to division. Here’s a breakdown of the most common types:

401(k) Accounts

401(k) accounts are defined contribution plans where employees can contribute a portion of their salary. When dividing a 401(k), a QDRO is required to facilitate the transfer of funds to the non-earning spouse without incurring penalties. The QDRO should specify the percentage or specific dollar amount to be transferred, ensuring clarity and compliance with the plan’s requirements.

Pensions

Pensions, or defined benefit plans, provide a predetermined monthly benefit at retirement. Dividing these requires complex calculations to determine each spouse’s share of future benefits. A QDRO is also necessary for pensions, as it outlines how benefits will be divided and ensures that the non-earning spouse receives their fair share upon retirement.

Other Retirement Plans

Other types of retirement accounts, such as 403(b) plans for public employees or Thrift Savings Plans for federal employees, may also require a QDRO or similar document to facilitate division. Each plan has its own rules and requirements, so it is essential to consult with an attorney familiar with the specific plans involved.

The QDRO Process: Step by Step

Understanding the QDRO process is vital for ensuring that your retirement assets are divided fairly. Here’s a step-by-step guide:

Step 1: Drafting the QDRO

The first step is to draft the QDRO. This document should include essential information such as:

  • The names and addresses of both spouses
  • The name of the retirement plan
  • The percentage or dollar amount of the benefit to be assigned to the non-participant spouse
  • Instructions for payment

It’s advisable to work with an attorney experienced in drafting QDROs to ensure compliance with all legal requirements.

Step 2: Submitting the QDRO

Once the QDRO is drafted, it must be submitted to the retirement plan administrator for approval. The plan administrator will review the document to ensure it complies with federal regulations and the specific requirements of the retirement plan.

Step 3: Implementation

After the QDRO is approved, the plan administrator will implement the order according to the terms laid out in the divorce decree. This process allows for the transfer of funds to the non-participant spouse, ensuring they receive their rightful share of the retirement account.

Common Challenges with QDROs

While the QDRO process is designed to protect both parties’ interests, several common challenges can arise:

  • Complex Valuations: Determining the current value of future benefits, especially for defined benefit plans, can be complicated and may require expert assistance.
  • Errors in Drafting: Failing to comply with plan-specific requirements can result in a QDRO being rejected, causing delays in the distribution of funds.
  • Poor Communication: Miscommunication between the parties, attorneys, and the plan administrator can lead to misunderstandings about benefit distribution.

To navigate these challenges effectively, it’s crucial to have experienced legal representation throughout the process.

Tax Implications of QDROs

Understanding the tax implications of dividing retirement accounts is essential. A properly executed QDRO allows for the tax-free transfer of retirement funds. However, if the non-participant spouse opts for a lump-sum distribution instead of rolling the funds into an IRA, they will incur income taxes on that amount. Additionally, early withdrawals before age 59½ may trigger penalties, making it vital to consider long-term financial goals when deciding how to handle retirement funds.

Protecting Your Financial Future

Dividing retirement accounts during a divorce can significantly impact your financial future. To protect your interests, it’s essential to:

  • Understand your rights regarding retirement accounts.
  • Work with legal and financial professionals to navigate the division process.
  • Ensure that all agreements regarding retirement accounts are clearly laid out in the divorce decree.

Given the complexities involved, seeking guidance from an experienced divorce attorney can help you make informed decisions and safeguard your financial future.

Conclusion

When going through a divorce, understanding the QDRO process and how to divide retirement accounts is crucial. Pensions, 401(k)s, and other retirement assets can represent significant financial stakes, and navigating their division requires careful planning and attention to detail. By being informed and seeking professional help, you can ensure that your retirement savings are protected and fairly divided during the divorce process.

Made with VideoToBlog using 💰 Pensions, 401(k)s, and Divorce: The QDRO Process You Can’t Ignore! Los Angeles Divorce #shorts

 

Understanding the QDRO Process for Dividing Your 401k in a Divorce | Los Angeles Divorce

Posted by Tim Blankenship on

Understanding the QDRO Process for Dividing Your 401k in a Divorce

Divorce is a complex and emotionally charged process, and one of the most challenging aspects can be the division of assets, particularly retirement accounts like 401ks and pensions. If you’re navigating this difficult journey, it’s crucial to understand the Qualified Domestic Relations Order (QDRO) process. This blog will delve into the ins and outs of dividing your 401k during a divorce, ensuring you have the knowledge to protect your financial future.

What is a QDRO?

A Qualified Domestic Relations Order, commonly referred to as a QDRO, is a legal document that outlines how retirement assets will be divided between divorcing spouses. It is particularly essential when dealing with employer-sponsored retirement plans, such as 401ks and pensions. Without a QDRO, the plan administrator may not be legally permitted to split the account, which can lead to complications and delays.

When is a QDRO Necessary?

Generally, if you are dividing employer-sponsored retirement plans, a QDRO is required. However, individual retirement accounts (IRAs) typically do not need a QDRO; instead, they can be divided through a transfer incident to divorce. Understanding which accounts require a QDRO is vital to ensure a smooth division of assets.

How Does the QDRO Process Work?

Dividing a 401k through a QDRO involves several critical steps. Each step must be executed correctly to avoid unnecessary complications and ensure both parties receive their fair share.

Steps in the QDRO Process

  1. Determine the Marital Portion: Before dividing the account, it’s essential to calculate the marital portion of the 401k. This involves determining how much of the account was accrued during the marriage.
  2. Prepare the QDRO: Once the marital portion is determined, the QDRO must be drafted. This document will outline how the funds will be split between the parties.
  3. Submit the QDRO to the Court: After drafting, the QDRO must be submitted to the court for approval. Once approved, it will be sent to the 401k plan administrator.
  4. Implementation by the Plan Administrator: Upon receiving the QDRO, the plan administrator will divide the 401k according to the court’s instructions, allowing both parties to receive their designated shares without tax penalties.

Why is the QDRO Process Important?

The QDRO process is crucial for several reasons:

  • Tax Efficiency: Transfers made through a QDRO are generally considered tax-free events, meaning neither party incurs immediate taxes on the transferred funds.
  • Protection of Retirement Assets: A well-prepared QDRO ensures that retirement benefits earned during the marriage are divided fairly, safeguarding each spouse’s financial future.
  • Clear Instructions: The QDRO provides clear instructions to the plan administrator on how to divide the assets, helping to avoid disputes or delays.

Factors Impacting the Division of 401k Accounts

While the QDRO process provides a framework for dividing retirement assets, several factors can influence how 401ks are divided in a divorce.

Length of the Marriage

The duration of the marriage often plays a significant role in determining how much of the 401k is considered marital property. In longer marriages, a larger portion of the account is typically subject to division.

Other Financial Assets

The division of a 401k doesn’t occur in isolation. Other financial assets, such as savings, stocks, or additional retirement accounts, can impact the overall division and may be factored into the settlement.

Spousal Contributions

If one spouse was a stay-at-home parent or earned significantly less during the marriage, this can affect how 401ks are divided. Non-financial contributions, like homemaking and childcare, are also taken into account.

Debt Considerations

Marital debt can also influence the division of assets. If one spouse assumes more marital debt, they may receive a larger share of the 401k as compensation.

Protecting Your Financial Future

Dividing a 401k in a divorce can be complicated, but understanding the QDRO process is vital for ensuring long-term financial stability. Working with a knowledgeable divorce attorney can help you navigate this process effectively.

Consulting with Professionals

It’s crucial to consult with an experienced divorce attorney who understands the intricacies of the QDRO process. They can guide you through the steps, ensuring that your interests are protected and that all legal requirements are met. Additionally, a financial advisor can provide valuable insights into the long-term implications of different division strategies.

Common Misconceptions about QDROs

There are several common misconceptions regarding the QDRO process that can lead to confusion and mistakes.

Misconception 1: All Retirement Accounts Require a QDRO

While most employer-sponsored plans do require a QDRO, individual retirement accounts (IRAs) typically do not. Instead, they can be divided through a transfer incident to divorce.

Misconception 2: A QDRO Guarantees Equal Division

A QDRO outlines how assets are divided, but it does not guarantee an equal split. The division can vary based on factors like the length of the marriage and financial contributions from each spouse.

Final Thoughts

Understanding the QDRO process is essential for anyone going through a divorce involving retirement accounts. By taking the time to learn about how assets are divided and ensuring that legal documents are prepared correctly, you can protect your financial future. Don’t hesitate to reach out to a qualified divorce attorney and financial advisor to help you navigate this complex process.

In conclusion, the division of a 401k in a divorce is a critical aspect that requires careful planning and execution. With the right guidance, you can ensure a fair distribution of assets while safeguarding your financial interests.

Made with VideoToBlog using ➗How to Divide Your 401k in a Divorce – QDRO Explained : Los Angeles Divorce #divorce661

Courts Require Joinder When Filing QDRO But The Plan May Not

Posted by Tim Blankenship on

I have been getting a lot of calls regarding the Joinder and QDRO process and a few times it has come up where I am being advised by the client that the pension plan or 401k plan is not requiring the joinder. So I wanted to clear this issue up.

While the plan may not require the Joinder (and this is rare) it is the Court that requires the Joinder whenever you are dividing a pension and are going to file a QDRO. In fact, if you try to file a QDRO with the court without the Joinder, the Court will reject the QDRO filing and ask that you first file the Joinder.

Listen for more info on the Joinder / QDRO process and / or keep reading below…
I recorded this podcast while on a walk so there is a little background wind noise…

We had a new client call us the other day and say they tried to file their QDRO and it was rejected by the court. The court indicated that the plan needs to be first joined to the dissolution action. See below reject sheet.

QDRO Reject Letter
QDRO Reject Letter

But what does it mean to “Join?”  In the simplest terms it just means you are joining or bringing the QDRO process into the divorce case and essentially adding the plan as a party to the case.   So once the plan in joined to the divorce case, the court will be able to process the QDRO.

I also wrote another article about the actual QDRO process here.

If you have any questions about our service of preparing and handling your Joinder / QDRO please give us a call.

Problems With Listing Pension Wrong On Divorce Judgment : Valencia Divorce

Posted by Tim Blankenship on

Listing your pension information wrong or listing how the pension is going to be divided wrong during your divorce or on your divorce papers can cause many problems down the road.

There are lot of people out there that try to do their own Valencia divorce. The problem is that you don’t know what you don’t know. What I mean to say is that you don’t know you are doing things wrong until it becomes a problem.

The good news is that it can be fixed. We can fix issues with your pension being listed wrong on your California divorce judgment. It is called a Stipulation & Order and we can prepare and file a Stipulation and Order to correct a previously filed judgment in your divorce case.

Learn more about our Stipulation & Order Services by Clicking Here

In this video we discuss the issues with listing your pension in your judgment and doing it wrong and the problems this can cause down the road.

 

What we recommend, of course, is not to do your own divorce in the first place and to hire a professional company so that your Valencia divorce is done correctly the first time.

We offer a full service and do it yourself divorce process. We figure that there is just that percentage of the population that wants to file their own divorce, usually to save money. Which you can, it just comes at the expense of your time.

So we created a do-it-yourself divorce process as well as our full service divorce.

Divorce661 provides a full service divorce and do-it-yourself service.

Click Here to learn more about our full service divorce

Click here to learn more about our do-it-yourself divorce

And please call us for a free consultation to discuss how we can help you with your divorce anywhere in California.

Pasadena QDRO Preparation | Pension Division Service Pasadena CA

Posted by Tim Blankenship on

Pasadena QDRO Preparation | Pension Division Service Pasadena CA

Going through divorce and using the Pasadena Courthouse?  We offer a QDRO preparation service that will help you divide your community property pension at a much lower price than what attorney’s charge to prepare a Qualified Domestic Relations Order.

Watch this short video where we talk more about our Pasadena QDRO Preparation | Pension Division Service Pasadena CA

Pasadena QDRO Preparation | Pension Division Service Pasadena CA

Going through divorce and using the Pasadena Courthouse?  We offer a QDRO preparation service that will help you divide your community property pension at a much lower price than what attorney’s charge to prepare a Qualified Domestic Relations Order.

Watch this short video where we talk more about our Pasadena QDRO Preparation | Pension Division Service Pasadena CA

Chatsworth QDRO Preparation : Divorce Pension Division

Posted by Tim Blankenship on

Chatsworth QDRO Preparation : Divorce Pension Division

When you get a divorce and have a pension that is going to be divided, one of the terms you will get to understand is the word QDRO or Qualified Domestic Relations order.  It is the written instrument that allows your 401k, 403b, CalPers, STRS, IRA and just about any type of investment.

If you are going through a divorce in Chatsworth or anywhere in California, We offer an afforable way to divide your pension.k

Watch this quick video where we discuss our Chatsworth QDRO Preparation : Divorce Pension Division

Chatsworth QDRO Preparation : Divorce Pension Division

When you get a divorce and have a pension that is going to be divided, one of the terms you will get to understand is the word QDRO or Qualified Domestic Relations order.  It is the written instrument that allows your 401k, 403b, CalPers, STRS, IRA and just about any type of investment.

If you are going through a divorce in Chatsworth or anywhere in California, We offer an afforable way to divide your pension.k

Watch this quick video where we discuss our Chatsworth QDRO Preparation : Divorce Pension Division

Pension Division For Your Chatsworth Divorce Case

Posted by Tim Blankenship on

Pension Division For Your Chatsworth Divorce Case

We are a full service divorce paralegal firm specializing in divorce and serving the city of Chatsworth. Our full service Chatsworth Divorce paralegal service takes care of your entire divorce from start to finish. Our Chatsworth divorce paralegal service is flat-fee based so you don’t have to worry about hourly fees and high costs.

In this video we discuss what Pension Division For Your Chatsworth Divorce Case works.  What a lot of people don’t know is that if you have a pension that is going to be split during the divorce you will need a QDRO or Qualified Domestic Relations Order prepared in order to do that.  No many attorney’s do the QDRO’s so you will need to find a service like ours to help you prepare not only the QDRO “Qualified Domestic Relations Order” but you will most likely have to file and serve the Summons / Joinder as well.

Watch the short video below to learn more about Pension Division For Your Chatsworth Divorce Case.

Pension Division For Your Chatsworth Divorce Case

We are a full service divorce paralegal firm specializing in divorce and serving the city of Chatsworth. Our full service Chatsworth Divorce paralegal service takes care of your entire divorce from start to finish. Our Chatsworth divorce paralegal service is flat-fee based so you don’t have to worry about hourly fees and high costs.

In this video we discuss what Pension Division For Your Chatsworth Divorce Case works.  What a lot of people don’t know is that if you have a pension that is going to be split during the divorce you will need a QDRO or Qualified Domestic Relations Order prepared in order to do that.  No many attorney’s do the QDRO’s so you will need to find a service like ours to help you prepare not only the QDRO “Qualified Domestic Relations Order” but you will most likely have to file and serve the Summons / Joinder as well.