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QDRO Preparation - QdroDesk™ is an industry proven online service providing an instant, easy, accurate, and affordable method for obtaining Qualified Domestic Relations Orders (QDROs).

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Definition Insurance - agreements that protect against the losses resulting from death or disability.

Application in Divorce The death of a supporting spouse (who is usually the man) can have a catastrophic impact of the finances of the dependent spouse.

A party who is the recipient of support (usually the woman) is wise to negotiate for adequate life insurance as part of the settlement agreement.

Normally, the dependent spouse is named beneficiary. An actuary can provide an estimate about the amount of insurance necessary to provide an umbrella of protection in the event of the supporting party’s death.

Term life insurance is not particularly expensive, but the premium may come out of support and be taxable to the recipient, and person paying it may be able to deduct it under certain circumstances.

The logic behind disability insurance is the same as the logic behind life insurance.

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