I have been awarded a portion of my ex-spouse’s retirement account and I’m told I need a Qualified Domestic Relations Order (“QDRO”) to effectuate the transfer. How long will it take for the QDRO to be completed so that I can access the funds that were awarded to me?...
As people are contemplating the end of their marriage, they often want to know if there is a benefit to separating first. In Minnesota the statute allows for either a “Legal Separation” or a “Dissolution of Marriage.” Adding to the confusion is that the word...
The Initial Case Management Conference For many people, the decision to start a divorce or custody action is the most difficult and intimidating step. Other people are paralyzed by the idea of going to Court. Fortunately, the Court’s in Minnesota have come to...
(Tips for Attorneys when Dividing Defined Contribution Plans) 1. What’s the plan name? Make sure the correct name of the retirement plan is listed in the divorce decree. Some judicial officers will reject a QDRO if the name of the retirement plan listed in the QDRO...