After divorce, what can a spouse who didn’t earn a living during the marriage do to ensure that they don’t have to stress about a retirement account that was primarily funded by their ex? For these spouses, there is an option to help them.
Qualified domestic relations orders are legal orders that give a non-wage-earning spouse all or a portion of his or her wage-earning spouse’s retirement assets and/or pension plans. Because QDROs are complex, their handling often requires the help of an experienced family law attorney.
At Neal Ashmore, we have the comprehensive knowledge to help wage-earning and non-wage-earning spouses involved in QDRO disputes, which involve pension plans that are subject to the Employee Retirement Income Security Act (ERISA). In addition, we handle disputes involving:
- Military retirement funds
- Federal civil service retirement plans
- Various other state, county and municipal retirement plans
The division of retirement assets will likely be related to division of other marital assets. We can manage all steps in the process, including:
- Preparing, filing and submitting QDROs
- Review clients’ spouses’ QDROs
- Negotiating for our clients’ best-possible terms in QDRO disputes