We are especially concerned with helping our clients reduce
their liability exposure with qualified domestic relations
orders. Clearly, dividing a pension in divorce is ripe with
potential litigation. Because we analyze state and federal
caselaw on an ongoing basis for our books, articles and
newsletters, we understand the potential pitfalls of dividing
pensions in divorce.
With the aid of our comprehensive QDRO
Compliance Manual, we can help your company significantly
reduce its liability exposure. Again, this manual documents
all of your QDRO administrative procedures and addresses
all "default" procedures, including the segregation
of plan benefits, the effects of certain omissions in the
QDRO, pre and post-retirement survivorship issues, and the
obligations of the plan administrator, alternate payee and
participant.
The QDRO "Interpretation
Letter" that we send to the parties upon approval
of the QDRO also helps limit your company's potential liability.
This letter affords the parties an opportunity to review
our interpretation of the QDRO and to see how the alternate
payee's assigned share of the benefits will be calculated.
If they don't agree, they can appeal our interpretation
and submit an amended QDRO, if necessary. Because we get
the parties involved in the review process, there is less
potential for future QDRO litigation.
What distinguishes QDRO Consultants
Co. from others is our ability to handle the most difficult
QDROs in a professional manner and to diffuse the adversarial
nature of many divorce lawyers. We have gained this expertise
from years of processing QDROs for Fortune 500 companies
and drafting countless thousands of QDROs for family law
attorneys throughout the U.S. Our publications and articles
reflect this rich and varied experience that we bring to
QDRO administration.