What is a Qualified Domestic Relations Order?

What is a Qualified Domestic Relations Order?

If you are currently getting divorced, you most likely have multiple concerns and a lot on your mind. Our firm has handled countless divorces over the years, and we are more than familiar with the many critical issues often at play. Though there are several critical divorce-related issues, including child custody, child support, spousal support, and more, many spouses fail to consider what will happen with their retirement plans. In many cases, retirement plans are equitable distribution, however, not automatically. If you are someone who is looking to access your spouse’s retirement plan, you and your attorney will have to create something known as a qualified domestic relations order. This can enable you to divide retirement assets and attain the financial security you deserve. Please continue reading and reach out to our experienced Los Angeles divorce attorneys to learn more about qualified domestic relations orders in California and how we can help you reach a favorable outcome.

What is a qualified domestic relations order?

A qualified domestic relations order is something you and your attorney can create in an effort to help you receive a portion of your spouse’s retirement assets. These assets can include funds in 401(k)s, 403(b)s, and more. With a qualified domestic relations order in place, you can withdraw assets from a retirement plan without the standard 10% penalty. Qualified domestic relations orders are fantastic tools for those who need financial assistance after a divorce. If you are currently going through the divorce process and you would like to establish a qualified domestic relations order, you must ensure that you do not do so without the assistance of a competent California divorce attorney. Our firm has significant experience not only with divorce, but with the financial aspect of divorce as well. If you would like to know more about qualified domestic relations orders or how our firm can help you receive the assets you need, please do not hesitate to pick up the phone and give us a call today. We are on your side, and your well-being is our goal.

Contact our experienced Los Angeles firm

Divorce and family law issues are notoriously complicated and personal, which is why you must hire an attorney with years of experience, as well as the compassion and skill needed to handle these sensitive matters. For the qualified, dedicated legal representation you and your family deserve and need, contact Zitser Family Law Group, APC today.

Our Recent Blogs

View More

Website built and managed by Accel Marketing Solutions, Inc