Category Archives: Estate Planning

5 Factors You Should Consider When Evaluating the Survivor Benefit Plan

Everyone planning a military retirement has a very important decision:  “Should I take the Survivor Benefit Plan or not?”  As I’ve said previously, this is a very personal decision, and should not be taken lightly.  While the best decision might … Continue reading

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30 Day Financial Transition Challenge Day 21: Long Term Care

Welcome to Day Twenty-One of the “30 Day Financial Transition Challenge.”  Today’s article focuses on long term care. Bottom Line Up Front (BLUF) Most servicemembers probably do not need to worry about long term care when they exit the military.  … Continue reading

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30 Day Financial Transition Challenge Day 20: Estate Planning

Welcome to Day Twenty of the “30 Day Financial Transition Challenge.”  Today’s article focuses on your estate planning needs. Bottom Line Up Front (BLUF)  Today, we’re going to take a look at your estate planning needs to make sure you’ve … Continue reading

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30 Day Financial Transition Challenge Day 16: Survivor Benefit Plan

Welcome to Day Sixteen of the 30-Day Financial Transition Challenge.  The next two articles will focus on income protection, both in the form of the Survivor Benefit Plan (for retirees), and life insurance.  Today’s article focuses on the Survivor Benefit … Continue reading

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7 Emotional Aspects About Updating Your Will in the Military

Recently, Forrest and I discussed updating our will as we look towards our transition. Basically, it’s a matter of making the time to go to the Legal Office at MacDill to actually do it.  It’s the same old story:

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Survivor Benefit Plan Resources: Everything You Need in One Blog Post

This blog post has one purpose:  to point you to every website with the Survivor Benefit Plan resources.  It might be very long, with a lot of links, but I will do my best to organize this content in a … Continue reading

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Five Estate Planning Changes When Transitioning From The Military

As you face your transition, you’re going to encounter any number of obstacles.  Depending on your circumstances, these obstacles can be relatively simple (such as taking off your uniform, sliding into a GS job with very little impact to your … Continue reading

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Term Life Insurance Vs. Survivor Benefit Plan (SBP)—A Side By Side Comparison

You might wonder why I wrote an article that seemed to advocate SBP, then followed it up with an article that seemed like SBP-bashing. I did so for two reasons. First, both articles seek to provoke critical thinking…I think I soundly met that objective. Second, putting those two articles side by side shows my true focus…when you’re looking at your decision to retire from the military, you need to make sure you address SBP properly. After all, if you make the wrong decision, you’re stuck with it. With that said, I got hit up on both sides of the debate. Continue reading

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Why You Should Strongly Consider Not Participating in the Survivor Benefit Plan

My first book, Military In Transition’s Guide to the Survivor Benefit Plan, is available for pre-order on and will be available for download on June 30.  If you’d like to learn more, please send me an email or join Military … Continue reading

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Why Estate Planning Matters to You in the Military (Even if You Think it Doesn’t)

This article was published a couple of months ago online, but I’ve made some changes specifically to point out how estate planning should matter to you throughout your military career. I was recently at a financial planning conference, when I … Continue reading

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