Plan Valuation Services
QDROCounsel offers a suite of valuation services that will allow you to actuarially value, trace, offset and equalize retirement benefits.
We're Here to Help
Do you need to know the value of a retirement plan? Do you need to figure out what is part of the marital interest and what is separate property in a plan? Are you in settlement talks but you are not sure if the retirement plans should be divided or offset? QDROCounsel offers valuation solutions that will allow you to value retirement benefits.
QDROCounsel provides a full service automated suite of valuation tools to assist you in valuing retirement benefits. No more outsourcing for most valuation cases! Backed by national valuation experts, you can now trace separate property interests in defined contribution plans (i.e. 401(k), profit sharing plans) and IRAs. You can now conduct present day actuarial valuation estimates for defined benefit plans.
What if I just need to apply the marital fraction (aka the Time Rule formula)? We have that handled too with an intuitive and automated marital fraction calculator. Our easy to use calculators will give you the tools needed to better negotiate settlements, conduct equalizations and offsets, and provide your clients with a better understanding of their retirement assets. So many clients just want to understand the estimated value of their pension even if dividing with a QDRO, and now you can tell them!
What are certain situations and our solutions when you should value retirement plans:
- Actuarial Valuation Calculator: Clients want to know the value of the defined benefit a plan and are considering an offset against another pension or some other asset.
- Tracing Calculator: In a defined contribution plan, IRA, there is a separate property interest (before, during or after marriage) and you have statements. You can use this calculator to determine just the marital interest. You can also use this calculator for a defined benefit cash balance plan.
- Automated Time-Rule Calculator: In a defined contribution plan or IRA, there is a separate property interest but no statements are available. You can apply the marital fraction (aka the Time Rule formula). You can also apply the Time-Rule calculator when needed for a defined benefit plan.
- Equalization and Offset Calculator: There are many defined contribution plans (i.e. 401ks) and IRAs and the parties just want to offset them against each other and divide only 1 plan with a QDRO.
We believe these valuation tools will enhance your family law practice beyond measure.
How will I make money using the suite of plan valuation services?
Every tool in our valuation suite you are likely outsourcing. Now you can monetize that aspect of your business. Whether hourly or flat fee, you can help your client understand the present day value of defined benefit plans in the case, conduct tracings for separate property interest, easily calculate the Time-Rule formula as needed, and handle offsets and equalizations. You can and should bill for this time. We believe these valuation tools will enhance your family law practice professionally and monetarily beyond measure.
How does the valuation tools work?
Our system provides an explanation of the data needed. Once collected, you or your staff can input that data with easy to use prompts. Upon completion you will be emailed the data on an excel spreadsheet with a report to show your client!
Will I really be able to run a present-day valuation of a defined benefit plan for my client?
It’s hard to believe but yes! In many cases, we know that your clients want to know the present day valuation of a defined benefit plan to consider an offset against some other asset in settlement. Now you have a simple and quick way to handle this valuation in house.
You can be confident in the accuracy of these actuarial valuation estimates since the underlying program has been created with QDROCounsel’s valuation experts.
If my client contributed to a defined contribution plan before marriage, can I trace what is my client’s separate property and what is community property in house?
Yes. You or your staff will be able to easily conduct separate property tracings of defined contribution plans (i.e. 401(k), profit sharing plans) and IRAs. The need for separate property tracings is quite common.
What if I need to apply the marital fraction (aka the Time-Rule formula)?
We can help! QDROCounsel has an intuitive and automated marital fraction Time-Rule calculator which will be helpful in so many of your cases. For example, in a defined contribution plan (i.e. 401k) or IRA, if there is a separate property interest but no statements available, you can apply the marital fraction (aka the Time-Rule formula) with our calculator. Or for a cash balance plan or a defined benefit plan with a retired participant, you may need our marital fraction calculator!
Can QDROCounsel help us when there are numerous 401ks and IRAs in case and the parties want offset and divide just one of them?
Yes! With our Equalization and Offset Calculator, you will also be able to provide your client with the offset and equalization payment such that each party keeps their own plans and divides only one of the plans with a QDRO. Our system provides an explanation of the data needed.