Why is a properly drafted QDRO so important?
Retirement plans are often one of the most valuable marital assets in divorce cases. QDROs are complex legal documents. A small mistake in the language used in the QDRO could cost a spouse thousands of dollars in lost benefit payments. It is vital that the QDRO be properly drafted to protect the respective rights of the parties. The realm of QDRO law is vast.This Q&A article is intended only as a snapshot of some of the most asked questions about QDROs. It is by no means comprehensive in nature. Intertwined in the area of QDROs and the relevant retirement plans are very important financial planning/investment issues which are beyond the scope of this article. They should not, however, be ignored by divorcing couples and their legal counsel. The information provided in this article is for general informational purposes only and is not intended to be legal advice and does not create an attorney/client relationship. Users should obtain professional advice from his/her own attorney before
