When married couples divorce, retirement plans are usually among their largest assets. Valuing and dividing these assets can be tricky – especially when one spouse began participating in the retirement plan before marriage.
However, with a little practical guidance you can confidently navigate dividing retirement benefits for your clients during divorce. A QDRO specialist, Joshua D. Ferraro helps you understand the different types of retirement assets & how they work, provides a primer on laws & framework regulating retirement benefits and shows you the language you need to use to adequately divide them. Josh also covers the following topics in detail: the story of Studebaker plant closing, divorce cases & QDROs, pensions, the nuts & bolts of the ERISA statute, defined benefit & defined contribution plans, separate vs. shared interest plans, survivorship benefits, clauses that must be included in the agreement, determining valuation dates & formulas and how to handle government & military plans.
Joshua D. Ferraro assists attorneys and individuals with Qualified Domestic Relations Orders (QDROs). Josh initially joined Lesser, Lesser, Landy & Smith in 2004, immediately after graduating from law school and passing the Florida Bar.