Facts and Fiction of QDROs and Ways They Can be used Within The Collaborative Model Qualified Domestic Relations Order presented by Diane C Pappas, CDFA®, CQS™
The QDRO is more than just a tool for dividing a private employer-sponsored retirement plan as a marital asset. Especially within the Collaborative Law model, it can be used to help solve a variety of financial issues like support, collateralizing debt and payment of attorney’s fees, but it has to be done right and early on in the process to prevent complications later on.
We will also take a look at the facts and fiction that often surround the QDRO document and the process. As a newly minted Certified QDRO Specialist (CQS™), Diane has uncovered many misconceptions in the way things have been done in the past. Learn the real story behind valuation dates, gains/losses, equalizing several retirement accounts, distributions, impact of loans, pre-marital portions and third party QDRO administrators like Fidelity and Hewitt.
Diane is a Certified Divorce Financial Analyst, Certified QDRO Specialist, Financial Mediator, a Collaboratively-trained Financial Neutral, Financial Planner and a Registered Investment Advisor. For the past twelve years, Diane has been the Principal of Solutions For Divorce LLC, a boutique, divorce financial planning firm focusing solely on divorce and serving clients throughout Massachusetts.
Drawing on over 30 years of life and work experience, including her own divorce, Diane specializes in helping her clients fully understand the financial and tax complexities they may encounter during the divorce process.
She develops comprehensive analyses of the short and long-term impacts of proposed divorce settlements, evaluation of the tax implications of property division, spousal support, child support, lifestyle analysis and financial forensics, division of retirement and investment accounts, stock options, QDROs and other complex financial issues that may arise.
Professionally, Diane is a nationally recognized speaker at the IDFA National Conferences, the past president of The Divorce Center, Inc., past 3-year Member of the IDFA Board of Directors and is the current Chair of the Public Education Task Force for the IDFA.