How do I determine a fair division of assets in a military divorce?

The division of assets in a military divorce can be complex, as laws may vary from state to state. In Wisconsin, a fair division of assets is determined in a variety of ways. First, the court will look to the marital assets to determine an equitable division. These assets are any assets that were acquired during the marriage, such as a home, cars, furniture and other investments. Furthermore, the court will consider any military pensions or benefits that have been acquired during the marriage. In addition, the court may look at the number of years the couple was married, the contribution of each spouse to the marriage, and the current income of each spouse. This helps the court make a decision that is both fair and equitable. The court may also consider any special circumstances, such as if one spouse served overseas or has a disability that prevents them from working or earning an income. The court may consider these factors to determine if one spouse is entitled to a larger portion of the assets. Finally, the court will look at the current needs of each spouse. This includes any financial obligations such as debt, housing costs, etc. This is necessary to ensure that each spouse is capable of sustaining themselves after the divorce. Ultimately, the court will make a judgment based on the facts of the case and the state laws to determine a fair division of assets in a military divorce.

Related FAQs

How is the division of military retirement benefits determined in a divorce?
How is spousal support determined in a military divorce?
How do I obtain a copy of my military divorce decree?
How do I file for a military divorce in another country?
How do I file for a military divorce?
What is the Servicemembers Civil Relief Act and how does it apply to military divorces?
What is a Uniformed Services Former Spouse Protection Act and how does it apply to military divorce?
What documents do I need to obtain from the military for my divorce?
What is a Military Divorce Separation Agreement?
What is a Military Divorce Certificate of Service?

Related Blog Posts

Understanding Your Rights to Military Retirement Benefits in a Divorce - July 31, 2023
The Top 5 Things You Need to Know about Military Divorce Laws - August 7, 2023
Exploring How Spousal Support is Calculated in a Military Divorce - August 14, 2023
Dividing Assets in a Military Divorce: What You Need to Know - August 21, 2023
What You Need to Know About the Military's Role in Divorce Proceedings - August 28, 2023