QDRO Preparation and Pension Evaluations
Certified talent at your fingertips.
At All Pro QDRO, we specialize in assisting law firms and individuals with the negotiation, drafting, and administration of Qualified Domestic Relations Orders. With years of experience, we offer the legal expertise you need, when you need it.
About Us
About All Pro QDRO
Located in Livingston, New Jersey
All Pro QDRO is committed to providing professional and reliable services in the preparation of Qualified Domestic Relations Orders and pension evaluations. Your QDRO will be drafted by a licensed attorney.
We prepare QDROs for all variety of pensions including private, State and Federal plans. We offer competitive pricing for our QDRO preparation and pension evaluation services.
A Clear Guide to QDROs
Understanding QDROs
What is a QDRO?
Qualified Domestic Relations Order (QDRO): refers to a judgment, decree, or order that creates or recognizes the existence of an alternate payee's right to receive all or a portion of a plan participant's benefits.
What is the Purpose of a QDRO?
A QDRO is used to divide retirement assets (i.e. pension plans, 401(k)s) to provide for the payment of equitable distribution of marital property, alimony or child support.
Why is a QDRO Necessary?
Under federal law, a QDRO is the only instrument under which benefits and benefit rights under qualified employee benefit plans can be transferred to a non- participant from a participant. The benefits and benefit rights of participants under qualified benefit plans are exempt from the claims of creditors and are nontransferable. States and state courts do not have the authority to remove these restrictions.
Why Use All Pro QDRO?
At All Pro QDRO your QDROs are professionally prepared by a licensed attorney. A QDRO is a legal document. Do you want your QDRO prepared by a licensed attorney or someone else?
Process
Understanding QDROs
Parties Send in Request for Preparation of a QDRO
To begin, parties or attorneys must submit a completed QDRO Checklist, Judgement of Divorce, filed Complaint, Property Settlement Agreement, account statements, and full payment.
Confirmation
Upon receiving a QDRO request, All Pro QDRO will confirm via email and request necessary documents, information, or payment. Parties must obtain and provide required materials.
Preparation
Once All Pro QDRO is in receipt of all information and full payment, we will prepare the requested QDRO(s) pursuant to the terms of the parties’ Property Settlement Agreement and in compliance with the specific Plan Guidelines.
Forwarding Drafts of QDROs
All Pro QDRO sends draft QDROs via email for review. Disagreements must be resolved between parties. We send drafts to the Plan Administrator for pre-approval.
Awaiting Plan Pre-approval
Plans have specific provisions that they require in a QDRO. It is best when possible, to have the Plan review the QDRO to ensure it meets with their specific requirements and that the Plan can accomplish the distribution they are being instructed to perform.
Communication from the Plan
Following their review, the Plan will communicate whether the QDRO is acceptable as written or if revisions are necessary. If revisions are necessary, All Pro QDRO will work with the Plan until an approved QDRO is achieved.
Plan Approved QDRO
Once the Plan approves the QDRO, we send the finalized, court-ready version to the parties or their attorneys for execution and filing. Our involvement ends there.
Finalizing the QDRO Process
Once received, the parties or their attorneys are responsible for executing, filing, and returning the QDRO. All Pro QDRO provides instructions but doesn't handle these tasks.