Are military pensions divisible?
A. Yes. For more information about military pensions, please see the handout on the Uniformed Services Former Spouses Protection Act (USFSPA). 5. Q. Can we also divide our debts in the agreement? A. Yes. The same general principles discussed above in the sections on division of property apply when dividing debts. The parties are pretty much free to divide their debts in any way they see fit, so there is no single “right” answer to this question. In addition to those general principles, you may also want to consider who received the benefit from the debt, before deciding who should be responsible for paying it off. For example, a student loan probably benefits only the spouse who actually went to class, so it might be fair for that spouse to pay off that debt. By the same token, it might be fair for the spouse keeping the car to also pay off the car loan. When identifying who pays which debts, include enough information to identify the specific debt involved, including the creditor’s na