top of page
Expert 2.png

Why Choose us?

​

1. Specialized Expertise: Our team includes QDRO specialists with extensive experience in:
 

  • Specialized in dividing retirement assets during divorce

  • Ensure fair, compliant, and tax-efficient distribution

  • Prevent delays in accessing entitled benefits

  • Serve both divorcing individuals and attorneys

​

​Our Promise​

​

  • Accurate and affordable QDRO drafting

  • Streamlined process for quick resolutions

  • Expert guidance through complex financial aspects
     

Don’t risk your financial future. Let Next Chapter Divorce manage your QDRO needs for a smoother transition to your next chapter.

​

Ready to protect your retirement assets? Contact us today for a consultation.

 

FAQ About QDROs (Qualified Domestic Relations Orders), along with brief answers and references:

​

  • What is a QDRO?
    A QDRO is a legal order that allows the division of certain retirement benefits in a divorce or legal separation. (Reference: Employee Benefits Security Administration, U.S. Department of Labor)
  • What types of retirement plans require a QDRO?
    QDROs are typically needed for qualified plans under ERISA, such as 401(k)s and pension plans. IRAs usually don’t require QDROs. (Reference: Internal Revenue Code Section 414(p)
  • How long does it take to process a QDRO?
    Processing times vary, but it typically takes 3-6 months from submission to approval. (Reference: American Bar Association, Section of Family Law)
  • Who is responsible for preparing the QDRO?
    Either party’s attorney can draft the QDRO, or a specialized QDRO professional can be hired. (Reference: American Academy of Matrimonial Lawyers)
  • Are there tax implications for QDRO distributions?
    QDRO distributions are typically not subject to the 10% early withdrawal penalty, but may still be subject to income tax. (Reference: IRS Publication 575)
  • Can a QDRO be modified after it's approved?
    Generally, once a QDRO is approved and implemented, it cannot be modified unless both parties agree or there’s a court order. (Reference: Journal of Accountancy, “QDROs: The Division of Retirement Benefits Through Qualified Domestic Relations Orders”)
  • What happens if a QDRO is not obtained?
    Without a QDRO, the non-participant spouse may lose their right to a portion of the retirement benefits. (Reference: American Bar Association, “Fundamentals of QDROs”)

Remember, while these are common questions, QDRO rules can be complex. It’s always best to consult with a legal or financial professional for specific situations.

bottom of page