One of Memphis' Most Experienced QDRO Attorneys
A Qualified Domestic Relations Order (QDRO) is a complex legal instrument used to assign all or a portion of pension and retirement assets to a spouse after a couple goes through divorce. Although QDROs are used almost any time someone with a sizable pension goes through divorce, few attorneys have significant experience handling them.
Attorney John R. Windsor, Jr., of the McMahon - Windsor Law Offices*, is one of the most experienced attorneys handling QDROs in Memphis, Tennessee, having been a retirement plan trust officer, plan administrator, and consultant. Our law firm frequently accepts these cases from throughout the country on referral from other attorneys, and we are well equipped to handle even the most complex, substantial retirement plans.
If you would like to discuss a QDRO, call us today at 901.881.8794 or contact our offices online.
Make Sure Your Retirement is Stable and Secure
The last thing you want as you enter into your retirement plan savings is a surprise. While your pension benefit may be smaller now that you have divorced, with a properly executed QDRO, you can at least trust that the benefit you are supposed to get is correct and does not include benefits that are not intended to be included.
You and Your Spouse Both Benefit from a QDRO
If you want your pension assigned to your divorcing spouse, you must first obtain a Domestic Relations Order, because laws exist that prevent a person from assigning pension interests without one. This order when signed by the Judge is a Qualified Domestic Relations Order. Without a QDRO, you would not be able to assign pension interests and be liable for the resulting taxes, while your spouse would not.
If you are receiving funds from your spouse's pension, you will benefit because the QDRO creates an enforceable right to receive the distribution of the funds. Without the QDRO, you would in a sense be at your spouse's mercy, because pension interests would not be able to be assigned to you. You would have to wait each month for your spouse to write you a check.
Of course, your spouse would face penalties for refusing to write the check, but in order to enforce those penalties, you would have to file a complaint and engage in what might be costly litigation. A QDRO helps you make the process more efficient and reliable.
Schedule an initial consultation with lawyer John R. Windsor, Jr., by calling 901.881.8794 or by contacting our law offices online.
