Separated Dating Marital Status Single Men.
Not exact matches
Marital property is presumed under the law to be properties that were acquired by one party or the other, or both of them together, between the
date when they got married to the
date when they
separated.
If the commencement
date of the first action for divorce is the proper
date for determining
marital assets then, by statute, the IPO is husband's
separate property.
Marital property is all property acquired between the
dates the spouses married and
separated except property acquired by gift or inheritance.
«
Marital property» means all real and personal property acquired by either spouse or both spouses during the course of the marriage and before the
date of the separation of the parties, and presently owned, except property determined to be
separate property or divisible property in accordance with subdivision (2) or (4) of this subsection.
It is presumed that all property acquired after the
date of marriage and before the
date of separation is
marital property except property which is
separate property under subdivision (2) of this subsection.
A good divorce lawyer will advise you to add a «triggering event» to the agreement that would kick start divorce proceedings automatically, while distinguishing between
separate and
marital property as of that
date.
However, a court could determine that their marriage ended as of the
date they physically
separated, and thus the values of all of their
marital assets and debts could be measured as of that
date.