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The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
Notably, the SGLI does not have a war clause exclusion which otherwise precludes benefits if death results from combat. Effective March 1, 2023, the maximum SGLI coverage will increase to $500,000. [4] Veterans' Group Life Insurance (VGLI) is a similar product available to veterans.
Spouses of veterans gain loan eligibility if: [5] 1. They are unmarried, and their deceased spouse died as a result of service-connected causes. 2. They remarry after the age of 57, and their deceased spouse died while on active duty. 3. They are the spouse of an active duty member who has been missing in action or a prisoner of war for at ...
Read more: Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that. Here's how you can save yourself as much as $820 annually in minutes (it's 100% ...
Like all debt, medical debt left behind after your death is paid by your estate. The debt goes to the person handling your estate — called an executor. The executor’s job is to manage the ...
To access a bank account after the death of a spouse or partner, you must be a joint account holder, a named beneficiary or an executor of the estate. Even if you do have access to the accounts ...
The Uniformed Services Benefit Association (USBA) is a nonprofit organization headquartered in Overland Park, Kansas, [1] providing affordable group life insurance plans and other financial services specifically designed for active duty and retired military members and their families, as well as honorably discharged veterans, National Guard and Reserve members, and federal civilian employees.
If your spouse passes away, canceling their car insurance policy is a relatively straightforward process. You will most likely need to submit documentation proving the policyholder’s death to ...
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