As a divorce lawyer in Illinois, I often have to deal with dividing retirement accounts as part of a divorce. Here’s the deal with dividing 401ks, pensions, and the like – it’s complicated. Splitting 401ks and pension plans requires a special court order, called a “qualified domestic relations order.” or QDRO. Most QDROS are prepared by specialists because of the technical knowledge required. If you need a QDRO, then you might want to hire the best QDRO lawyer in Illinois. If so, read on. (more…)
Tag: qdro in illinois
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Need a QDRO Lawyer in Illinois?
If you need a QDRO lawyer, that means you need someone to draft a qualified domestic relations order – it’s what’s used to divide 401ks and pensions pursuant to a divorce in Illinois. You might be glad your divorce is over, but now you have to deal with the pain of figuring out what to do about your QDRO. It can be hard to get a QDRO drafted afer a divorce is complete, because many divorce lawyers do not draft QDROs themselves, so if a judgment for dissolution (the “order” that says you’re divorced).
I wrote this article about how to get your QDRO. (more…)