Services

Pension Appraisals

The pension appraisal process is typically used to be able to compare a pension to other assets, such as a 401k or even the marital home, in order to compare apples to apples in equalizing the assets. Once we receive all of the necessary information, we will calculate the present value of your pension and send you a detailed letter.

For more information: PASA Appraisal Procedure or email Michael Foley at michael@pensionappraisals.com.

To get started: PASA Appraisal Request Form


Expert Witness Testimony

We have provided expert witness testimony for our pension appraisals in over a dozen states. For references and a list of states in which we have appeared as expert witness, contact Michael Foley at michael@pensionappraisals.com.



Qualified Domestic Relations Orders

We will draft a domestic relations order, send to the plan administrator, and confirm preapproval.

After reviewing your documents, we will contact you to ensure we uphold the intent of the parties' Separation Agreement. Once we receive the necessary information and materials from the parties and the plan, our drafting process typically takes 2-3 weeks. We send our draft order to the plan for their pre approval review, which typically takes 1-3 months, depending on the plan.

For more information on what to expect in the QDRO process: PASA QDRO Process Flow or email info@pensionappraisals.com

To get started: PASA QDRO Request Form


Agreement Language

As part of our QDRO process at no additional charge, we can assist attorneys in drafting agreement language to divide pension assets through QDROs. To learn about the various aspects of retirement asset division to be addressed in separation agreements, see Michael Foley's article in the Boston Bar Association Family Law Newsletter: Drafting Agreement Language for the Division of Retirement Assets (QDROs). Email info@pensionappraisals.com for more information.

Consulting

We will review an appraisal or domestic relations order that you have and advise on issues such as the complexity of benefits under the Massachusetts State Retirement plans covered under M.G.L. Chapter 32.

To initiate a consultation, call us at 781.281.7428 or email us at info@pensionappraisals.com.

PASA, Inc. provides valuation services and document preparation services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. Any opinion provided by us is not to be construed as legal advice or tax/accounting advice.