Canton Qualified Domestic Relations Order Attorneys
At The Law Offices of Abbott & Abbott P.C., we are experienced with the sophisticated tools that often must be employed in divorces that involve complex property division. One of those tools is the qualified domestic relations order (QDRO), which is primarily used to divide 401(k)s and, in rare cases, IRAs and other retirement accounts. Our goal is always to get you through this in a way that puts you in the best position possible emotionally and financially; the QDRO is just one of the tools we use to accomplish that goal.
Marietta QDRO Lawyers ∙ Aggressive Representation
Canton and Marietta 888.321.5649 ∙ Contact an Attorney Online
Taxes, Penalties and 401(k)s
401(k)s are retirement funds. The rules that apply to these funds assess fees if they are cashed in prior to retirement. There are other fees that may apply as well, not to mention a variety of tax issues that can come into play. If you or your spouse has a 401(k) that needs to be divided as marital property, you are right to be worried about taxes and fees. Our attorneys know how to use QDROs in order to divide 401(k)s without having taxes and fees assessed.
An Aggressive Approach to Protecting What Is Yours
Your 401(k) may not be subject to equitable distribution in its entirety. If you started the account prior to your marriage, some portion of it may be separate property that is yours to keep. We take great care to protect what is yours, and the use of the QDRO to avoid taxes and penalties is just one of the methods we apply.
Contact Us for a Free 30-Minute Consultation
For a free 30-minute consultation with our Canton and Marietta QDRO lawyers, contact us today. We accept all major credit cards.