QDROs: Mistakes in Splitting Retirement Funds A Qualified Domestic Relations Order (QDRO) is the primary way to transfer ownership of most retirement funds to a divorcing spouse. Once you understand that federal law dictates this process, which is administered through your state’s divorce regulations, you should consider some key points as to by whom and…
Read MoreAsset division. QDROs, or Qualified Domestic Relations Orders, are the primary way divorcing spouses can legally divide retirement benefits, which are tightly regulated by federal law. The one exception is IRAs, which do not require a Court Order to divide. The Employee Retirement Income Security Act of 1974, or ERISA, oversees many U.S. retirement plans, regulating how they must be…
Read MoreDivorce law in Pennsylvania, as in most states, treats animals and pets as property, not family members. So, when it comes to deciding who gets the dog, this conversation falls under the laws of Equitable Distribution, not Custody. In other words, the dog is treated the same as furniture in discussions of asset division. Alaska…
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