How does divorce affect military retirement?
How does divorce affect military retirement?
A service member’s military retired pay can be a valuable asset in a divorce, legal separation or dissolution of marriage. A state court can award a share of the military retired pay to a former spouse of military member even though the marriage lasted less than a year. …
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.
How much of my military retirement does my ex wife get?
50 percent
Can you live with someone while going through a divorce?
If you live with someone during the divorce, the court can consider that as a factor in the property division. Living with someone and sharing expenses places you in a better financial position compared to the position you would be in if you were living alone and having to pay all of your own expenses.
