New Jersey Divorce and Qualified Domestic Relations Orders, QDROs
If you need help dividing your retirement assets for your divorce, call Green & Associates at 732-390-0480 or 201-242-1119 for a free consultation about your New Jersey divorce with our NJ divorce lawyer or NJ divorce attorney in our East Brunswick divorce or Fort Lee divorce offices.
Generally, when parties to a divorce have retirement assets or pensions, they have to be divided by QDROs or Qualified Domestic Relations Orders, Orders that are signed off on by the parties and the Court. The entity that holds the 401ks or pensions or 403bs or other retirement assets will then divide the monies or shares in the entity pursuant to the QDRO. Generally, the terms of the QDRO are spelled out in the parties' Property Settlement Agreement.
If a retirement vehicle is all marital property then generally that asset may be divided 50/50 as to the martial coverture portion of the monies or shares