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Survivor benefit plan a unique aspect to military divorces

21060007_S.jpgWhen going through a divorce, you will have questions and concerns related to your specific situation. It is important to ask these questions and to know all of your rights when going through a divorce. In cases where you or your spouse are military members, know that the rights and options you may be entitled to will be different from non-military families. 

One important aspect of a military divorce is the survivor benefit plan, commonly referred to by the acronym SBP. This benefit plan should be discussed with a military divorce lawyer, in addition to conversations around military retirement pay, the 10/10 rule and the Service Members Civil Relief Act. 

A survivor benefit plan is an insurance plan that pays annuity to a surviving spouse after a military member passes away. While certainly an important plan when married, an ex non-military spouse should speak up if he or she has interest in receiving this after divorce. 

In talking about an SBP, there are a few things to keep in mind. The first being that even if the military member remarries after the divorce, the former spouse may still be entitled to receive these benefits. Additionally, dependent children can also be named beneficiaries of such plan. 

When going through a military divorce, discussion of this plan is just one of the many elements that should be talked about with an attorney. At Stange Law Firm, we work with both service members and their non-military spouses. We can handle all aspects of military divorce in Illinois, including issues related to property division and child-related concerns.

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