FIRM FOUNDED IN 2003

Professional legal counsel in Caldwell, Idaho.
Serving Caldwell, Nampa, Boise and the surrounding Idaho areas.

Tyler Rounds QDRO Speaking Opportunity

Tyler Rounds has been asked to speak to a group of law professionals in November. The topic will relate to the division of retirement assets in divorce pursuant to a qualified order. In any divorce in Idaho (or any state) there are several different retirement plans that may need to be divided and that must be valued. Dividing a retirement plan in a divorce can be complex and it is always advised to use a lawyer that understands the process to avoid costly mistakes. Generally, all retirement plans are either a defined benefit plan or a defined contribution plan.

Typically a QDRO or qualified domestic relations order is the basic instrument that needs to be prepared to divide the plan. However, other types of plans might require a different instrument. There are many different plans that might need to be divided in a divorce including some of the following: individual retirement plan (IRA) or similar defined benefit plan, public employee pension plan (such as PERSI in Idaho), federal retirement plan (usually either a FERS or CSRS plan), and military pension plans.

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Serving Caldwell, Nampa, Boise and the surrounding Idaho areas.

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