Secure Your Fair Share Of A Military Retirement Pension In Your Divorce
Your financial future during your retirement years is no doubt one of your concerns as you approach a military divorce. At Law Office of Carole Cross, we help servicemembers and their spouses understand their rights regarding the division of retirement assets after a military marriage. Dividing pensions and other retirement accounts can be complex. It is important to get this part of your divorce right.
Attorney Carole Cross has numerous strengths to offer, including the following:
- She has built a strong reputation serving military families throughout Texas for more than 20 years.
- As the widow of a servicemember, she understands family members’ perspectives regarding retirement assets and pensions.
- Other lawyers throughout Texas seek her assistance with the division of retirement assets.
Our firm is a resource you can depend on as you seek solutions to all challenges in your military divorce, including the division of retirement money.
About The Division Of Military Retirement Benefits In A Texas Divorce
A full military retirement benefits package may be unique and depend on factors such as:
- The length of military service
- Other elements specific to the individual servicemember
Retirement benefits and other assets pertaining to a former servicemember in a divorce may include one or more of the following:
- Disposable military retired pay (up to a maximum of a 50-50 division)
- Thrift Savings plans
- Disability pay
- Survivor Benefit Plan coverage (in case of the death of the military spouse before or after a divorce)
Be Prepared To Claim Your Portion Of Retirement Benefits
The Uniformed Services Former Spouses’ Protection Act (USFSPA), a federal law, allows but does not require states to award portions of retirement pay to a spouse in a military divorce. A servicemember or the spouse of a servicemember should pursue a fair division of the military servicemember’s pension and other retirement assets as part of a divorce to be resolved through a Texas family law court.
A court order spelling out the award of retirement asset division will be necessary when it comes time for a former spouse to claim their allotted portion. At Law Office of Carole Cross, we ensure that all our divorce clients understand and are ready for these steps.
Get Help From A Respected Military Divorce Lawyer
We encourage you to schedule a consultation as soon as you know a divorce is likely.