The military probably made sure you have a will. But if for some reason you don't have a will and you pass away, the state will distribute your assets in accordance with state law and it may be a whole lot different than what you think they would do.
There is a pretty good chance that at some point during or after your military career that you will inherit the family home. It is easy to think that the tax bill will be big when you sell it. That might not be the case.
Often times near retirement many military officers end up dealing with the passing of a parent. Dealing with the financial issues after death can be challenging, especially if you live far away from your parents, which is often the case. Here are some steps to help you.
The Survivor's Benefit Program (SBP) is an important benefit and should not be dismissed quickly by those retiring from the military. But what many don't know is that whether you're covered by SBP or not will affect your surviving spouse's access to the Federal Long-Term Care Insurance Program (FLTCIP)
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