In 2017, the Supreme Court set forth a landmark ruling regarding military veterans and their benefits. At issue was the ability for state courts to order some divorced veterans to compensate their ex-spouses for disability benefits received in place of retirement funds.
You have already made the heart-wrenching decision to split. Like many people in your situation, you want to move on to your new life, but family and friends are telling you how difficult the divorce process was for them. What you need to know is that it does not have to be that way and there are alternatives that are based on moving forward as graciously as possible.
In the event of deployment, military families must make a Family Care Plan, often as part of their custody agreement which provides information about how children should be cared for and which meets the requirements of your branch of the military.
Many people in the process of divorce may not realize that retirement plans can represent the largest marital asset. If one of the individuals is or was a federal employee, there is even more to consider when dividing marital assets. Here is some information about what is at stake for federal employees going through divorce and how federal employees can protect their rights when dividing property.