How We Assist Attorneys
Initiating our services is straightforward. Outlined below are the most common requests we encounter - drafting and otherwise - along with the standard information and documentation necessary to proceed.
Oftentimes, the assignment of retirement benefits from one party to another is not so simple. If at any time you are unsure about what forms or documents are necessary to proceed, or the fee for our services, please reach out directly to Ben Nyhan at 614-962-6900 or ben@qdropartners.com.
General Process
Once a request and payment are received, most matters require an element of discovery to uncover several items from the subject retirement plan, such as determining the official name of the retirement plan at issue and whether there are any plan specific procedures or requirements related to this process.
Once the necessary information is obtained from the plan, we are in position to draft. Generally, once we have payment in full and all necessary information, the drafting turnaround time is 7-10 days.
As part of the services we provide - and if requested by the attorney on the request form - we will submit a draft of the domestic relations order to the plan for pre-approval. During this stage, we will submit the draft domestic relations order to the plan or its reviewing agent for an initial determination as to whether the draft order would be deemed acceptable if an identical version is submitted in court-certified form. Note, some plans do not permit this initial review and, for those that do, the review could last upwards of 30-60 days.
Drafting Requests
Please note, if you have difficulty obtaining any of the information we need to proceed, please contact us to discuss or submit your request and we will let you know if we have any questions.
Present value of defined benefit pension plans & passive growth of defined contribution plans
While QDRO Partners primarily specializes in the drafting of domestic relations orders, we recognize the need to have an expert perform the proper analysis and report in determining the present value of pension benefits and passive growth analyses on defined contribution plans. This is why QDRO Partners collaborates with Al Minor & Associates, Inc. to provide these services. While the request is initiated through QDRO Partners, Al Minor & Associates, Inc. will prepare the analysis and the final report will be sent from Al Minor & Associates, Inc. to the requesting attorney.
The form includes a breakdown of the information necessary to proceed and fee schedule.
Does your client have questions about the process? Send them here to help them better understand why a QDRO (or other similar order) is necessary, procedures, and next steps.
Fees
Drafting Fees (Effective March 1, 2023)
- 1 QDRO: $475
- 2 QDROs: $800
- Each QDRO thereafter: $250
- Military Retired Pay Division Orders: $600 ($500 if requested with one or more QDROs)
Present Value Fees
- $400 for present value of a defined benefit pension
- $400 for passive growth tracing on a defined contribution account (Please see the request form for the fee structure involving (1) a date range of greater than 10 years or (2) missing statements.
Other Fees
- Contact QDRO Partners to discuss fees associated with the review of QDROs prepared elsewhere and other consulting work
Forms
Drafting Request Form
Present Value Request Form
Limited Authorization Form
Standard Limited Authorization Form for QDRO Partners. This form is helpful in matters involving employer-sponsored, non-governmental pension and 401(k) plans.
State Of Ohio Retirement System Authorization Forms
QDRO Checklist
Keep this checklist in your client’s file to ensure you have met all the important QDRO-related benchmarks, including the preparation, filing, and approval of the QDRO. This checklist is for your internal use and should not be submitted to QDRO Partners.