Johnsen Wikander provides full service for the drafting and implementation of DROs related to the division of retirement assets in divorce. The following table represents the general fee schedule range for these services (fees are discussed and agreed upon with the client prior to commencement of work):
Qualified Domestic Relations Order (QDRO)/Eligible Domestic Relations Order (EDRO): $520-$750
Military/Federal Pension Order: $750-1,000
Assistance with Division of Individual Retirement Account (IRA): $250-$500
Other Domestic Relations Order (DRO): $500-$1,000
*For cases needing multiple DROs, fees for DROs after the first are reduced by $100 each
Subject to our attorneys’ schedules, the objective of the firm is to have a draft DRO or other required documentation prepared and ready for review/approval within 48 hours of receipt of all necessary information.
Johnsen Wikander will send an engagement letter to the client upon retention, which outlines the scope of involvement and fee requirements, along with a “DRO Information Form” which will need to be completed and submitted to Johnsen Wikander prior to commencement of the drafting process. Upon receipt of both the signed engagement letter, the requisite fee and the completed DRO Information Form, Johnsen Wikander will commence work. Unless prior arrangements are made with Johnsen Wikander, the DRO will be drafted with no attorneys of record identified. Johnsen Wikander will draft all documents consistent with the terms of the final divorce judgment.