Thursday, December 31, 2015
Monday, December 28, 2015
Key Mistakes in QDROs
Qualified domestic relations orders involve great detail and thorough execution and any kind of small mistake can undo their purpose. Some of the most common issues involve misunderstanding a type of plan, not designating the exact name of the plan, and trying to divide a plan that cannot be divided. As it relates to misunderstanding the type of plan, a defined contribution plan is different from a defined benefit plan, and these are both different from what's known as a hybrid plan. The need to designate the exact name of the retirement plan is essential. Instruction in a divorce settlement to divide the husband's plan using those exact terms neglects the determination of plans under different employers, for example, and this can result in division being made of only one plan whereas six more intended. The final most common error in qualified domestic relations orders has to do with trying to divide what cannot be divided. You need to determine if the respective plan is or is not covered under government regulations known as ERISA. Certain high level executive golden parachute plans, for example, are specifically designed to allow a split. Others may be barred from being divided. Having a thorough accounting of all possible retirement plans and understanding what can and cannot be divided is essential during this process. Make sure you hire a qualified domestic relations order expert who can advise you about the importance of the details in the actual order itself. It is imperative that the correct information be recorded in the QDRO from start to finish. This is why you should first hire a qualified domestic relations order expert who can review your materials and help you understand how to avoid some of the common stumbling blocks. Do not hesitate to get help as soon as possible.
https://www.qdronow.com/qdroblog/entry/some-of-the-most-key-mistakes-in-qualified-domestic-relations-orders
Sunday, December 27, 2015
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The Jax Mediator: How Much Is My Business Worth? - Hetsler Mediation...
The Jax Mediator: How Much Is My Business Worth? - Hetsler Mediation...: How Much Is My Business Worth? - Hetsler Mediation
Thursday, December 3, 2015
Wednesday, December 2, 2015
Differences in the Roles of Forensic Accountant - Hetsler Mediation & Valuation Firm - Blog
Differences in the Roles of Forensic Accountant - Hetsler Mediation & Valuation Firm - Blog
If you are engaged as a Forensic Accountant almost every
engagement you accept will end up having a different set of objectives and
goals several times throughout the process.
As a Forensic Accountant, you truly have be ready to really adapt to
each and every situation as you are confronted with it
engagement you accept will end up having a different set of objectives and
goals several times throughout the process.
As a Forensic Accountant, you truly have be ready to really adapt to
each and every situation as you are confronted with it
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