San Fernando Valley QDRO Lawyers
Compassionate Representation with a Client-Focused Approach
Qualified Domestic Relations Orders (QDROs) are a necessary part of nearly all divorces and generally come as a final step in the divorce process. As retirement accounts are typically one of the largest assets involved in a divorce, it is important to make sure that you receive a fair settlement.
When you are in need of legal services related to the division of pensions and other retirement benefit plans, turn to our San Fernando Valley QDRO attorneys. Kraft Miles, A Law Corporation provides quick and effective service in the preparation and filing of QDROs.
Our divorce attorneys in Woodland Hills have the experience needed to answer all your questions, address your concerns, and guide you through this complex area of family law. Joy Kraft Miles uses her extensive knowledge as a family law certified specialist to help clients through even the most complex legal matters.
For more information and to schedule your initial consultation, contact our QDRO attorneys by calling (818) 462-5076.
What Is A QDROs in California?
The federal law known as the Employee Retirement Income Security Act (ERISA) protects your rights to you and your spouse’s retirement assets. QDROs are legal orders that divide private retirement plans to ensure that each spouse receives his or her share of the retirement benefits.
What Does a QDRO Attorney Handle?
Our professional legal team handles all types of QDROs, including:
- 401(k)s
- Savings plans
- Defined contributions plans
- Defined benefits plans
- Money purchase pension plans
- Profit-sharing plans
Who Pays QDRO Fees in a California Divorce?
In a California divorce, QDROs can be complex and may involve significant fees, so it's important to understand which party is responsible for paying them. These fees can include:
- Drafting fees
- Court filing fees
- Fees charged by the plan administrator to implement the QDRO
Different Options for Paying QDRO Fees
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Negotiated between the divorcing parties: Typically, the parties involved in the divorce will negotiate and agree on how to divide any QDRO fees.
- As part of a property settlement agreement: In some cases, one party may agree to pay all or a portion of the QDRO fees as part of a property settlement agreement. This can be beneficial for both parties, as it can avoid the need for a court to decide who is responsible for paying the fees.
- Court ordered: However, if the parties cannot come to an agreement on how to divide the QDRO fees, the court will make the decision. The court may consider a variety of factors, including each party's income and assets, to determine who is responsible for paying the fees.
Regardless of who is ultimately responsible for paying the QDRO fees, it's important to work with an experienced divorce attorney who can help navigate the process and ensure that your interests are protected. At Kraft Miles, A Law Corporation, our skilled QDRO attorneys in San Fernando Valley can provide the guidance and advocacy necessary to help you achieve a fair and equitable resolution to your divorce.
Contact Kraft Miles, A Law Corporation Today
When going through a divorce, it is important to hire an attorney who is experienced in the division of retirement accounts. Our San Fernando Valley QDRO lawyers can provide you with the attentive legal advice and effective counsel that you need during this time. We go above and beyond to ensure that our clients’ rights are not violated in any step of their divorce proceedings.
Our San Fernando Valley QDRO attorneys are here to help. Call (818) 462-5076 or contact our firm online today to receive effective legal solutions that can preserve your interests in retirement asset division.