Military servicemembers should be aware of a few rules related to child custody issues in Wisconsin. First, the Uniformed Soldier’s and Sailor’s Civil Relief Act provides some protections for active duty servicemembers facing a divorce filing in Wisconsin. The Act permits an active duty servicemember to delay a divorce, child custody, or support matter during […]
After divorce, many spouses of military servicemembers worry that he/she will lose health insurance (known as Tricare). Whether a spouse can keep health insurance after the divorce depends on several factors. Tricare ends on the date of divorce, except as follows: Option 1: The “20-20-20” Rule If the former spouse servicemember: 1. has 20 […]
A knowledgeable Wisconsin divorce lawyer can use military allotments to resolve difficult payment issues for divorcing spouses. An allotment is a specific amount of money that a servicemember can direct the military to pay to a creditor directly from his/her paycheck. Allotments can be either voluntary or involuntary. The military has very strict regulations regarding […]
The value of a military pension at the time of divorce does not necessarily establish the fixed amount of future military retired pay. Military servicemembers often receive annual cost of living increases (commonly called COLAs) on their retired pay. The reason for these increases is to ensure that the benefit amount keeps up with inflation. […]
The most valuable asset of a military servicemember in a divorce is often military retired pay. Servicemembers often have two retirement options: military retirement (a pension) and the federal Thrift Savings Plan (similar to a 401k). The TSP is easily divided between spouses because there is a clear account balance. The division of the […]
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