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Crunching the numbersby Firmbee.com
Post Divorce

After the Divorce

Once you are divorced, there are often post-divorce tasks to complete. Whether you are implementing the agreements or addressing post-divorce disputes, learning the basics (and what you can do on your own) will prepare you and may save you time and money.

Retirement

Are there any fees associated with the QDRO process?

Retirement

How does the timing of the QDRO submission affect retirement asset division?

Retirement

Can retirement assets be divided without a QDRO if both parties agree?

Table Of Contents
Post Divorce
Module
1

Post Divorce Introduction

Learn about steps and tasks that need to be completed to implement the agreements outlined in the decree after the divorce is final.

Post Divorce
Module
2

Post Divorce Transfer of Real Estate

Learn the steps, considerations and potential challenges with transferring or handling real estate after a divorce is final.

Post Divorce
Module
3

Post Divorce Division of Retirement

Learn the procedures and legal requirements to divide each type of retirement account to facilitate a smooth transition and compliance with the divorce decree.

Post Divorce
Module
4

Post Divorce Division of Other Assets and Liabilities

Review considerations and tips for dividing assets and liabilities after divorce, like bank accounts, investment accounts and debts.

Post Divorce
Module
5

Changing Your Name After Divorce

Learn the steps to implement a name change after divorce.

Glossary Terms
Certified Copy

An official document that verifies the finalization of a legal matter with an endorsement by the court, often a raised seal.

Alternate Payee

An individual, usually a spouse or former spouse, who is granted the right to receive a portion of the benefits from a retirement plan under a Qualified Domestic Relations Order (QDRO).

Qualified Domestic Relations Order (QDRO)

Also known as QDRO (pronounced "quadro"), a legal order following a divorce that is required to divide ownership of a qualified retirement plan (such as a pension or 401k) to give the divorced spouse their share of the asset or pension plan.

Appeal

In litigation, the process for a party to request review of the trial court's decision to a higher court if they believe legal errors were made or if they disagree with the outcome.

Warranty Deed

A legal document that guarantees the grantor has clear title to the property and the legal right to transfer it, providing assurances against any future claims or encumbrances.

Post-Decree

Also known as post-divorce, the phase following finalization of a divorce when the final resolutions are implemented.

Participant

An employee or former employee who has accrued benefits in a retirement plan and is entitled to receive those benefits upon retirement or another qualifying event.

Plan Administrator

The entity or individual responsible for managing a retirement plan, ensuring compliance with regulatory requirements, and processing benefit distributions.

Encumbrance

Legal claims, debts or liabilities, such as mortgages or liens, attached to a property that may affect its transfer or value.

Name Deletion

Also known as loan assumption, the process where one borrower takes over the existing mortgage of another, becoming responsible for the remaining loan payments.