
Saratoga Divorce Attorney Examines Not Having a Qualified Domestic Relations Order
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Are you not receiving your share of your spouse’s compensation plan because of QDRO matter? Learn more in the following educational video, then give our attorneys a call to set up a free review.
Question:
What Happens When You Do Not Have a Qualified Domestic Relations Order?
Answer:
As an experienced Saratoga Divorce Attorney, I often speak with clients who have been divorced for awhile, and not receiving their share of their compensation plan.
- Clients may have been divorced for 5, 10, or 15 years – or even longer – but the marital pension or deferred compensation plan was never divided.
- If the plan no longer exists, a significant court skirmish will be required to determine how best to address the rights of the spouse who didn’t receive their share. If the plan does exist, other problems may arise.
- In the case of a profit-sharing 401K or other deferred compensation plan, appreciation may have accrued on the non-titled spouse’s share, but they may not be entitled to that appreciation depending upon the divorce agreement was written – or the judgment rendered.
- Detailed exploration of those rights can uncover significant difficulties for the party not titled to those funds.
Are you wondering “What Happens When You Do Not Have a Qualified Domestic Relations Order?”. Contact our experienced Saratoga Qualified Domestic Relations Orders (QDRO) Lawyers today for a consultation and case evaluation.
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