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QDRO stands for Qualified Domestic Relations Order. It has to do with splitting up retirement assets in a divorce. The law in Illinois says that retirement plans are the joint property of both spouses, at least the portion that was earned or acquired during the marriage.

Retirement plans are marital assets, and in a divorce, all marital property is to be divided equitably. If the spouses can’t agree, then the judge will decide how to divide things. In general, it doesn’t matter whose name is on marital property. Real estate, retirement plans, pensions, bank accounts – if it was earned
Continue Reading What’s a QDRO in an Illinois divorce case?