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The monthly pension payments stop at the death of the pensioner, irrespective of the fact that the member might have a spouse who will need financial support after the death of the pensioner.
Your divorce could actually jeopardize your child’s college options You and your spouse set aside money in a 529 plan in order to secure your child’s future education. While these kinds of ...
The exemption amount in 2021 is $11.7 million. Prior to 2011, if one spouse died without having gifted or bequeathed all of his or her exemption amounts to a non-spouse, any unused exemption was ...
Either way, military spouses who are also veterans are more common than you think, sometimes hiding in plain sight. While being a military spouse who is also a veteran has many advantages ...
That's the benefit, plain and simple. The Pentagon does not consider the benefit "earned" by the spouse or family -- it's simply a part of the benefit the military member earned. The only ...
A. These are great questions for anyone whose spouse is in debt. Generally speaking, a surviving spouse isn't responsible for a deceased partner's debts. So let's help your elderly neighbor ...
Life as a military spouse can be old-fashioned, unglamorous, and just plain weird sometimes. I had no idea there was a dress code while living on a military base, and I have to follow three pages ...
Section 7(7) of the Divorce Act states that, in the determination of the assets to which the parties to a divorce action may be entitled, the pension interest of a member spouse will be deemed to ...
Experienced financial advisers and divorce lawyers have seen it all, but they also point to some common practices that a watchful spouse can flag. Here are a few examples from people who have ...
There is no good way to tell someone a spouse has died. Police dread death notices. Doctors hate announcing a failure. Friends feel incapable. That's why the chore often falls on pastors ...