Can my ex wife get my military retirement if she remarries?
Can my ex wife get my military retirement if she remarries?
Even if the former spouse remarries, military pension payments continue, regardless of how the remarriage changes the ex-spouse’s financial standing. As mentioned previously, a former spouse’s military pension payment is an asset right: it is unaffected by any subsequent remarriage.
What is a military spouse entitled to after divorce?
After divorce, the former spouse is entitled to the Continued Health Care Benefit Program (CHCBP), which is the Tricare version of COBRA for three years. And as long as the spouse remains unmarried and was also awarded a share of the military retirement or SBP, the former spouse may remain on CHCBP for life.
Can a divorced spouse stay on Tricare?
After a divorce, the sponsor remains eligible for TRICARE. This is the same for the sponsor’s biological and adopted children. If not, the former spouse stays eligible up until the day the divorce is final. If the sponsor didn’t adopt his or her stepchildren, they also lose eligibility once the divorce is final.
How long can a divorced spouse stay on Tricare?
You were eligible for care received from the date of the divorce/annulment until Decem, or two years from the date of the decree, whichever was later. You’re TRICARE eligible for one year from the date of the divorce/annulment.
Can a divorced spouse get a VA loan?
For an ex-spouse who is not a veteran, the divorced/separated spouse would not have access to the VA benefit unless there is active participation by the veteran. The veteran would have to agree to be obligated on the VA home loan.
How does a divorced spouse qualify for benefits?
Benefits For Your Divorced Spouse If you are divorced, your ex-spouse can receive benefits based on your record (even if you have remarried) if: Your marriage lasted 10 years or longer. Your ex-spouse is unmarried. You are entitled to Social Security retirement or disability benefits.
Can a veteran have 2 VA loans at the same time?
The VA allows veterans to have two VA loans at the same time in some situations, and eligible veterans can qualify for a VA loan even if they’ve defaulted on one in previous years. The time to act on your VA loan benefits again is now.
What happens to VA loan after divorce?
Answer. When the property is awarded to the veteran’s spouse as a result of the divorce, entitlement cannot be restored unless the ex-spouse refinances the property and / or pays off the VA loan in full or the ex-spouse is a veteran who substitutes their entitlement. MORE: Learn more about VA Loans and divorce here.
Can I use the VA loan after I get out of the military?
Eligibility for the VA home loan benefit can depend on when you served, the nature of your service (Regular Military or Guard/Reserve), the reason for your separation and more. Generally, you may be eligible for VA loan benefits if you’ve served: At least 90 consecutive days on active duty during wartime.
How long do you have to be married to get veterans benefits?
To receive benefits, the surviving spouse may have to satisfy three requirements: 1) have at least one year of marriage to the veteran 2) continuous cohabitation with the veteran during the marriage and 3) no remarriage after the veteran’s death.
Can I transfer my VA loan to my wife?
Veterans with VA mortgages can have their VA home loan assumed by someone else, also called a VA loan assumption. If your plans, goals, or needs changed and you need to get out of a VA loan one option is to sell your home but an alternative option is an assumable mortgage, a buyer takes over the loan.
Can I use my spouse’s credit score for a VA loan?
However, it’s a fortunate fact of VA home loans that there is no minimum credit score requirement. Your spouse’s credit score and debts won’t be counted on the application, as long as you don’t live in a community property state.
Can you combine a VA loan with another loan?
A joint VA loan is a mortgage that an eligible military borrower and one or more additional borrowers take out. Your “entitlement” is the portion of the loan that the VA will guarantee to your lender if you fail to repay it. If you have full entitlement, the VA will guarantee up to 25% of your share of the loan amount.
Does the veteran have to be the primary borrower?
Applying for a VA loan with your spouse as a co-borrower, regardless of their veteran status, is no different than with other loans. Veterans. Except for a spouse, no civilians may co-borrow for a VA loan. Furthermore, the veteran you choose to be a co-borrower must intend to live on the property with you.
Can I get a VA loan if my dad was in the army?
“My father is veteran, does his status allow me to qualify for a VA home loan?” The short answer to this question is no. VA loans are generally for only the veteran, veteran and spouse together or the surviving spouse of a veteran under certain circumstances.
Does Va allow a non spouse borrower?
VA Loans and Co-Borrowers The VA doesn’t expressly prohibit non-spousal co-borrowers. In those instances, the agency tells VA lenders that it will only guaranty the eligible borrower’s portion of the home loan. That leaves a chunk of the mortgage without the government backing the program relies upon.
