What is a QDRO in context of a Louisville divorce? How are retirement plans and accounts managed in a Louisville divorce? A Qualified Domestic Relations Order (QDRO) is a legal order which tells the administrator of a retirement vehicle to divide the plan or account, as well as how to do so. Retirement plans such...
What is a QDRO and Why is a QDRO Important in a Louisville Divorce?
What is a QDRO and why is a QDRO important in a Louisville divorce? A Qualified Domestic Relations Order or QDRO is a legal document which allows the administrator of a retirement plan such as a 401(k) to actually act upon the orders of a judge in a Louisville or Jefferson County divorce. Retirement accounts,...
Retirement Accounts in a Divorce Require Special Documents
Did you know retirement accounts in a divorce require special documents known as Qualified Domestic Relations Orders or QDROs? Can a DIY divorce truly manage the QDRO process? According to the State of Kentucky many couples begin the divorce process on their own. Here in Louisville our own Family Law Court reports most are not...