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Video instructions and help with filling out and completing military retirement divorce adultery

Instructions and Help about military retirement divorce adultery

Military retirement and divorce can be an intimidating topic but I am going to teach you about it in some simple terms today now if you're getting divorced then you probably know every single thing in your marital and separate estate is going to be divided the car the house the accounts the investments the stuff in the house all of that has to go to one party or the other and that includes one of the more complex things that can be divided in a divorce which is your military pension so when you divide a military pension how much does your former spouse get which is the wife in this example how much do you is the service member get to keep so here's a visual aid we've got this tank that's that represents you starting in the military and continuing on your timeline as you proceed through the military started in October 1st of 2021 I'm line and as you have proceeded in life in 2021 you get married and you continue to be married to your spouse until October 30th of 2021 when you get divorced but you continue to be in the military until December 1st of 2021 the only part of your military pension in this hypothetical that will be divided is the part of the timeline where you were married the part before you were married from 2021 until 2021 and after you were married from 2021 to 2021 is separate property in Texas so the only part that is going to be divided the part that you're the right will get a percentage of is that middle part during the marriage and she will negotiate with you or the court will decide on how much that portion will be very typically it is third it is 50% in Texas but that is negotiable up to 50% now we've got this time line in the lower left-hand corner that we used we know that the pink part is the part that's awarded to both husband and wife during a divorce case the green parts are separate property so 100% of those are going to go to a husband but the pink part how is that divided because if wife gets 50% of it well what what amount is that though in in dollars month by month what is why it's going to get and in order to figure that out there is a formula that has to be applied which is also used in your military domestic relations order at the finalization of this divorce in other words during your divorce case your attorney is going to collect several specific pieces of information about you the date that you entered military the date that you were married the date how much money you're receiving monthly your so your last 36 lbs statements and use all of those numbers to calculate this formula to the extent possible then the formula is going to.

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