Retirement plans that are to be divided pursuant to a Marital Settlement Agreement or a Final Judgment of Dissolution of Marriage must be distributed pursuant to a Qualified Domestic Relations Order or QDRO. A QDRO is an order that entitles someone other than the participant of the retirement plan to receive benefits. A QDRO must have very specific language so that it complies with Florida law as well as the Internal Revenue Code.
There are many questions and issues that arise during an Orlando divorce surrounding the issue of retirement plans as well as other assets and liabilities. The most important source for information and answers during this time is a qualified, experienced Orlando family law attorney. If you are searching for a divorce lawyer to guide you through this difficult time, contact Family Law of Orlando. We will be happy to schedule an initial consultation with Attorney Wade P. Luther. Contact Family Law of Orlando by email or by calling (407) 835-9900.