QDRO

QDRO Family Law Attorneys

Passionately Fighting for Your Rights

Other than a home, a retirement account can be the largest asset in a marriage. Nonetheless, retirement plan accounts are often forgotten or overlooked during divorce a divorce can occur years before retirement. Even though a retirement plan account is only in one spouse’s name, they are joint or marital community assets that are subject to division between the spouses in a divorce. If they are overlooked in the divorce, a spouse could neglect a significant portion of the marital assets and put themselves at risk of economic insecurity in retirement. A Qualified Domestic Relations Order (“QDRO”), is a tax-qualified order to divide a retirement account, such as a pension, 401(k), military or government retirement, or 403(b).

In addition to dividing property between spouses in a divorce, a QDRO can also be used to provide or fund child support and spousal maintenance (alimony).

Contact Our Prescott QDRO Lawyers Today

Most divorce and family lawyers do not have the expertise to prepare a tax-qualified order like a QDRO. Carman Law Firm lawyers have the knowledge and experience to work with retirement plan administrators to get to them to efficiently process the QDRO, obtain qualification, and protect the rights of both spouses, whether the participant or alternate payee. Though based in Arizona, Carman Law Firm prepares Qualified Domestic Relations Orders for clients and deals with retirement plans on a nationwide basis. Contact Carman Law Firm to have your QDRO prepared for all private, military, government, and school district 401(k)s, 403(b)s, thrift savings plan (TSP), stock (ESOP), and pension retirement accounts.

Don’t hesitate to contact us at your earliest convenience by calling (928) 224-8598.