What is a Qualified Domestic Relations Order QDRO 770 609 1247 Georgia Divorce Family Lawyers

What is a Qualified Domestic Relations Order (QDRO)? – 770-609-1247 | Georgia Divorce Family Lawyers
QDRO stands for Qualified Domestic Relations Order (often pronounced as qua-dro) and is a legal order that is subsequent to a divorce or legal separation that splits and changes ownership of a retirement plan to benefit the divorced spouse by giving him or her their share of the asset or pension plan.

Entitlement to the money also brings along with it the responsibility for paying the related income taxes. If the qualified retirement account money goes to your spouse without a QDRO, he or she will not be responsible for paying the taxes on it; instead, you will. This means your ex will get a financial windfall at your expense.’

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