Divorce is a complex and emotionally challenging process, often involving the division of assets accumulated during the marriage. Among the various assets subject to division, retirement accounts represent a significant portion of a couple’s financial portfolio. However, dividing retirement assets, such as 401(k) plans and pension plans, requires careful consideration and adherence to specific legal…
NRS 286.6703 requires the following: The judgment, decree or order submitted to the Executive Officer must be signed by a district judge, the judges of the Court of Appeals or by the justices of the Supreme Court and entered and certified by the clerk of the district court or the Clerk of the Supreme Court. 3. In order to split a…
A QDRO that creates a “separate-interest” divides the participant’s pension benefits into two separate portions with the intent of giving the alternate payee a separate right to receive a portion of the pension retirement benefit to be paid at a time and in a form different from that chosen by the alternate payee (other than…