Family Court Wa Divorce Certificate

A Qualified Domestic Relations Order family (QDRO) court is an wa order issued divorce by certificate a state authority or court, which provides funds from the retirement account of a divorcing individual to his or her spouse. This is done to pay alimony or child support payments, or to split up the marital property.
Requirements for family court wa divorce certificate a QDRO
For a Qualified Domestic Relations Order to be issued by the court, the court must have information:
on the total amount of payments to be made
on the periods for which payments must be made
on the names and addresses of the divorcing individuals
about the retirement account out of which the QDRO will be set up
Features of a QDRO
A Qualified Domestic Relations Order has the following features
A QDRO does not affect the basic rules of a retirement account. For example, funds cannot be withdrawn earlier than what the retirement plan allows.
The benefits to be received under a Qualified Domestic Relations Order are taxable, even if they are being paid in place of child support payments, which are usually not taxable.
The recipient of the benefits can defer the tax payments by investing the amount in an Individual Retirement account.
Although used mostly in divorce cases, a Qualified Domestic Relations Order may also be set up for a legal separation case.
The account to be used must be a retirement account.
Previous alimony and child support payments can be paid with a Qualified Domestic Relations Order.
There are a number of other factors concerning QDROs that a person going through a divorce should consider before proceeding with his or her case.
If you or someone you know is considering a divorce, and would like to find out more information about QDROs and your legal rights, contact the passionate Oceanside divorce lawyers of Fischer & Van Thiel, LLP, today.

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