I am an experienced Binghamton Lawyer providing comprehensive Divorce Services including; Pensions and Retirement, Negotiated Settlements, Child Custody and Child Support matters. I concentrate my practice in Divorce and Family Law Matters. I have over 20 years experience as an attorney.
Divorce And Retirement: Qualified Domestic Relations Orders
A Qualified Domestic Relations Order is a document, signed by a Judge, which allows a pension company to give a spouse a portion of the other spouses pension benefits following a divorce.
Under Federal Law, pensions and other retirement plans are a protected asset and cannot generally be given to anyone other than the person who is entitled to receive the pension from their employer. One exception to this law allows one spouse to obtain a portion of the pension or retirement plan after a divorce, as part of a marital division of assets.>
Either both parties in the divorce must agree to share the pension or a Court must decide that a pension is to be shared. Thereafter, a Qualified Domestic Relations Order (QUADRO) is drafted by an attorney. This order must comply with the conditions of the individual pension company or administrators.
I have prepared many of these QDROs following a divorce. This Order allows my clients to obtain their marital share of their spouses' pensions with private and public pension firms, including: New York State Electric and Gas, IBM, Lockheed-Martin, New York State Teachers Pensions, Public Employee Pensions and others.
I will prepare all the documents, obtain the appropriate judicial signatures and guarantee that the pension company administering your pension, or that of your spouse, will accept and implement the Qualified Domestic Relations Order.
* The cost for a Qualified Domestic Relations Order is $500.
You will need to contact my office at: (607) 722-8272 or Toll Free 888-275-0877 to speak directly to a Binghamton Divorce Lawyer. CONTACT US
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Binghamton Lawyers experienced in Pension and Retirement Benefits. I provide legal services in all areas of Divorce and Family LawChild CustodyChild SupportSeparation AgreementsPre Nuptial AgreementsOrders of ProtectionAdoptionsCriminal Law
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Becky Caruso, Esq.
607-722-8272
142 Front Street
Binghamton, New York 13905
Mailing Address:
PO Box 126, Kirkwood, New York 13795-0126
TOLL FREE
1-888-275-0877
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