Divorcing spouses need to use extreme caution when dividing their retirement benefits. Pro-se litigants especially can reap severe consequences by not understanding the importance of having a QDRO drafted for certain retirement plans. Be aware that when a QDRO is needed, it should be drafted with great specificity. Any attempt to not utilize a QDRO when applicable can result in severe financial consequences. Be vigilant.
Post written by: Tiffany R. Lunn Esq.