A qualified domestic relations order (QRDO) is the method through which a retirement plan is divided in the event of a divorce. It provides the terms in which a retirement plan administrator should divide and pay plan proceeds. It is a separate order from the divorce...
Month: January 2019
4 ways to encourage a positive co-parenting relationship
Co-parenting enables parents to continue to work together to raise the children even after they are divorced. One of the most important things that you need to do right away is get the parenting plan together. This sets the standard for what is going to happen for the...
What will happen at a mediation?
Parties who are going into a divorce mediation can be understandably nervous. They don't know what to expect or how the process goes. Many probably envision themselves shut in a conference room and forced to hash out every good, bad, and ugly detail face-to-face, in...
The family business: To divide, or not to divide
It is quite easy to get caught up in the excitement and anticipation of starting a new family business when your marriage is going great, the kids are happy, you are financially secure and the two of you just bought your new dream home.Divorce is the last thing on...
Former military spouses may still be eligible for benefits
When military spouses divorce, ongoing benefits for the non-service member and children pose some concerns. In answer to those, Congress enacted the Uniformed Services Former Spouse Protection Act (USFSPA).The USFSPA allows former spouses to continue receiving...
