Jim Fausone
\nVeteran Advocate<\/p>\n
\u00a0To help further protect their veterans, lawmakers in Nevada have put forth a bill that makes veteran disability pay untouchable in divorce proceedings.<\/p>\n
\u00a0The bill, AB271, was presented to members of the Assembly Judiciary Committee on Tuesday and specifies that during divorce settlements, judges cannot consider veteran disability pay when dividing assets.<\/p>\n
Supporters of the bill state that disability pay is not taxable income and is given to the veteran to compensate them for their physical sacrifices during service. Under this view, the pay is not to be looked at as \u2018earned income\u2019 for divorce purposes, but instead as strictly a compensatory payout.\u00a0<\/p>\n
Opponents of the bill state that disability income is intended for caregivers (potentially spouses) as well as veterans and that the pay should be considered as part of the couple\u2019s overall financial situation.<\/p>\n
Despite the fact that in the end no action was taken by the committee, no veterans testified (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Jim Fausone Veteran Advocate \u00a0To help further protect their veterans, lawmakers in Nevada have put forth a bill that makes veteran disability pay untouchable in divorce proceedings. \u00a0The bill, AB271, was presented to members of the Assembly Judiciary Committee on…<\/span><\/p>\n