Tag Archives: Dividing Military Pensions
Pensions As Property
The Uniformed Services Former Spouses Protection Act (USFSPA) was passed in 1982 to safeguard the interests of military spouses, both current and former, despite the name. It regulates many different issues having to do with marital property and jointly-owned assets, and grants some authority to state courts to rule on these matters. One might… Read More »
Dividing Military Pensions: Equal vs. Equitable
When a couple decides to divorce, and one or both of them are servicemembers, their military pensions are considered marital assets. In states such as Florida that use a system of equitable distribution, marital assets are divided between the spouses, but contrary to popular belief, this is not always done strictly equally. Rather, judges… Read More »