Having been retained in legal malpractice cases to correct poorly drafted QDROs, or compute damages, Voit Econometrics Group, Inc. has been instrumental in resolving issues related to QDROs. Some examples are as follows:
Incorrect Marital Determination
Incorrect valuation dates
Poorly drafted settlement agreements
Survivor Benefits for a Spouse, or not addressing survivor benefits in the event the plan participant predeceases the alternate payee spouse
Applying private sector terminology to government pensions
Failing to submit a QDRO at the time of divorce
Contradiction of prevailing case law within the QDRO
Malpractice issues are not limited to QDROs, this, as settlement agreements are often poorly drafted as well, resulting in poorly drafted QDROs. Examples are:
Referring to pension benefits as accounts
Not understanding the type of retirement plan or retirement accounts
Not addressing certain benefits to include, or has not been included, in the subsequent QDRO based on the settlement agreement
Specifying an age a former spouse can receive their share
Failing to define marital
Voit Econometrics can compute damages, if the error is irreversible, and provide expert testimony to support our findings. If the error can be reversed, Voit Econometrics Group has the expertise to prepare the appropriate QDRO to effectuate the original intent.
Damages can also be based on the negligence of the attorney or financial professional in terms of investments. Simply email your case and we can provide options for you and your client to consider.
We can help you with your pension valuations, QRDOs, and answer any investment questions. Fill out the from below for a free consultation and let’s get started.