Whether you work with Qualified Domestic Relations Orders (QDROs) frequently or only occasionally,The Complete QDRO Handbook is a must-have for your library. A comprehensive resource for effectively handling QDROs and working with all of the parties involved, this updated bestseller provides basic...
Whether you work with Qualified Domestic Relations Orders (QDROs) frequently or only occasionally,The Complete QDRO Handbook is a must-have for your library. A comprehensive resource for effectively handling QDROs and working with all of the parties involved, this updated bestseller provides basic knowledge of all aspects of the substantive law of QDROs plus valuable, step-by-step guidance and advanced techniques for all stages of the drafting and approval process.
This updated edition features an added chapter on current trends and predicted developments in the area, as well as a new analysis of the QDRO Provisions of the Pension Protection Act of 2006. This edition also includes major changes that discuss the effect of the Federal Defense of Marriage Act on QDROs, coverture fractions, and the use of QDRO experts.
The Complete QDRO Handbook begins with clear definitions of the basic principles and concepts of employee benefit plans and ERISA. In subsequent chapters, David Clayton Carrad explains how to draft domestic relations orders and have them accepted as "qualified" by plan administrators. The book provides the necessary sample language and clauses, each explained with numerous comments. Other forms include model letters, forms, interrogatories, and checklists, plus guidance on reading an annual benefits statement. These forms are provided on a CD-ROM included with the book. In addition to its in-depth treatment of QDROs, the author explains the division of military and Federal civil service pensions, non-ERISA plans such as IRAs, Qualified Medical Child Support Orders (QMCSOs), Federal Thrift Savings Plans, Railroad Retirement Act pensions, and other plans.
To help you effectively navigate through the approval process, the book describes the goals and perspectives of the different constituencies involved in the QDRO process, including family law practitioners, plan administrators and their lawyers, state IV-D agencies, and family court judges. The Complete QDRO Handbook covers all issues relevant to the drafting and approval process, including how to counsel your clients on their legal rights; how to conduct effective discovery; how and where to obtain the information you need from pension plans -- and how to interpret this data once you receive it; how to deal with plan administrators; and scores of practice pointers, tips and techniques for turning QDROs into a profitable aspect of your law practice.