In a military divorce, assets are typically divided. Does the division extend to their retirement plans? Not necessarily. Qualified Domestic Relations Orders (QDRO) are required. Do those QDROs apply to every retirement account? Not necessarily! Patty Shewmaker and Jimmy Lewis of the Law Firm Shewmaker and Shewmaker discuss the particulars in this video.
The ramifications if you delay in obtaining a QDRO in a Military Separation or Divorce are severe. You could lose valuable rights and run the risk of forfeiting benefits that were awarded to you. In this video, Patty Shewmaker and Jimmy Lewis of the Law Firm Shewmaker & Shewmaker discuss the importance of QDROs and what could happen if you neglect to get one.
Patty Shewmaker and Jimmy Lewis talk about Qualified Domestic Relations Orders (QDRO). How do they affect your 401k and other benefits in a military divorce? When do you need one?
