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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 Set Off - a debt or obligation owed by one spouse to the other.

Application in Divorce This is a method of asset distribution by which one spouse receives a sum of money or assets in exchange for his or her release from an interest in other marital assets. For example, a divorcing couple might set off a house to the husband in exchange for a lump sum equal to half of the value of the jointly owed home to the wife.

The term can also be used to refer to situations where couples simply agree not to assert claims to what each might have a right to; for example, they set off each other’s pension plans.

The use of set offs is part of the "horse trading" divorcing spouses can to that greatly simplifies the division of marital property.

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