Wealthy After Divorce

Episode 4: QDRO Time Bombs with Dave Roessler

July 21, 2022 Melissa Fradenburg, CDFA® and Jacki Roessler, CDFA® Season 1 Episode 4
Wealthy After Divorce
Episode 4: QDRO Time Bombs with Dave Roessler
Show Notes

The divorce is final and everyone wants to take a break from all things divorce-related. Yet, now is the right time for clients to immediately get started on their QDROS. What is a QDRO and why do you need one after your divorce? A QDRO (short for Qualified Domestic Relations Order) is a legal document (separate from your Judgment of Divorce) that transfers ownership from one spouse to the other in a qualified (i.e. employer sponsored) retirement plan-like a 401k or pension. The only way to transfer ownership of these types of assets is with a QDRO. Yet, many people are overwhelmed after the divorce and procrastinate getting their QDRO done. Dave Roessler, of Divorce Solutions, a Michigan QDRO preparation company https://www.divorcesolutionsllc.com/ shares his insight on why people wait and why waiting can be dangerous for the person waiting to receive the money. If you need help getting your QDRO forms completed, schedule a consult with Jacki Roessler, CDFA at Pearl Planning here https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-07&back=1.

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