While many practitioners are aware that a Qualified Domestic Relations Order (QDRO) can divide property, few practitioners are aware that under IRS Code 414 (p) (b), child support can be collected from ERISA plans, (such as 401 k, or Pension plans) with a QDRO. A QDRO distribution that is paid to the child or other dependent of the plan participant is taxable to the participant. Some … [Read more...] about QDROs for Child Support Payments
Child Support
Determining the Cost of Child Support
If you’re preparing to get a divorce and children are involved, you’ll need to take child support into account. Louisiana has state-mandated child support guidelines, but they can get somewhat tricky if you: Or your spouse is an independent business owner who controls your own incomeOr your spouse have significant investmentsHave one or more children with special needs or a disability Things … [Read more...] about Determining the Cost of Child Support