Hiring a QDRO drafting service is an important step to take in the division of assets during a divorce. This service ensures that both your client and their ex-spouse have access to a sufficient income once the payee is retired. A QDRO stipulates the amount that each spouse is entitled to and when it is to be dispersed based on a list of qualifiers such as employment history, the status of the divorce, and more.
Unfortunately, not all QDRO drafting services are the same, and divorce attorneys must be highly critical when selecting a provider. Anne N. Pastrana PLLC has helped thousands of attorneys draft detailed, fair QDROs for their clients. Continue reading as we break down the top three factors that lawyers should consider before hiring a service of this kind.
1. Understanding of common financial risks
The way in which a QDRO is written can severely impact the percentage of funds that each party is left with following a divorce. A QDRO drafting specialist is not to be mistaken for a hired attorney. On the contrary, this type of service provider is not responsible for the legal stipulations that determine the amount your client is entitled to. For this reason, the focus for many QDRO service providers is simply to gather information from the attorney and adhere to these details throughout the approval process rather than providing any legal guidance.
It is, however, incredibly valuable to have access to a QDRO drafting specialist who can identify potential risks and advise attorneys on how their client should request to divide assets from the marriage. This could be based on a percentage of the client’s current accounts, employer contributions which have not yet been vested, and several other factors. Carefully reviewing your options and coming up with a strategy with the help of a QDRO expert is by far, the most effective way to assist your client.
2. Prompt service
QDRO drafting services can take up to several weeks to be processed and approved. This can prolong the entire legal process, adding stress and preventing your clients from obtaining immediate compensation. Ultimately, the faster you can push a QDRO through, the better you will be able to serve your client. Thankfully, the amount of time that this process takes can be significantly cut down depending on the drafting service provider. Anne Pastrana guarantees a swift turnaround time which may be as short as two days. She is also available via virtual appointments in the evenings and on weekends upon request. This makes it possible to expedite the entire process and file domestic relations orders according to your schedule.
3. An impressive professional background
Having an extensive professional background in the field of divorce law will greatly improve your drafting specialist’s ability to obtain a QDRO for your client. With knowledge of legal wording and the dangers associated with using vague language in legal documents, a professional will be able to flag sections that should be adjusted for the benefit of your client. Anne Pastrana has worked as an attorney for over a decade, accumulating in-depth knowledge on the entire legal process during a divorce and how it can be made equitable for both the payee and the dependent spouse. While divorce attorneys should expect to pay a premium price for a QDRO drafting service that brings this kind of experience to the table, Anne Pastrana offers her services at a competitive price.
Are you looking for a reliable QDRO drafting service to support the needs of your clients? Anne Pastrana is prepared to help via online appointments. Get in touch to schedule a virtual consultation.
