In my husband's divorce decree it states that his daughter, age 5, from the previous marriage, is sole beneficiary to all his retirement and life insurance policies until the age of 18. We have a child together, and I want to make sure she is taken care of as well. If his ex wife does not agree to the modification of changing beneficiaries, is there anything else that can be done?
Divorce is the process of formally ending a marriage. Divorces may be jointly agreed upon, resolved by negotiation, or decided in court.
If one spouse in a divorce has a retirement plan, it may be split between the parties. How the plan is split depends on its type and value.
by attorney Graham Norris
A Qualified Domestic Relations Order (QDRO) is a special court order that is used to instruct a plan administrator to pay funds to an ex-spouse,... more