Sentences with phrase «acquired after your separation»

Additionally, there is no time - bound definition of matrimonial property — when a divorce litigant makes disclosure of their assets, they require to list everything they own, including assets owned prior to the marriage, assets acquired after separation, and assets acquired any time by gift or inheritance.

The cash severance acquired after separation did not.

In its decision, the Court distinguished between money earned prior to the marital separation (in this case, a partnership capital account) and money acquired after separation (in this case, a severance payment).

Marital property is defined as any property obtained during the course of the marriage and does not include inheritances, gifts or assets acquired after separation.

Your spouse is not entitled to a share of any property you may have acquired after your separation.

Not exact matches

After our separation, the plan was to use the capital we had to try and acquire good businesses.

In addition, property which is acquired by a spouse after service of a petition for dissolution of marriage, legal separation, or annulment, is also the separate property of that spouse, if the petition results in a decree of dissolution of marriage, legal separation, or annulment.

Separate property includes an inheritance to one spouse during the marriage; property acquired by a partner before the marriage; passive income and appreciation acquired from separate property during the marriage; property acquired by one spouse after a decree of legal separation; property excluded from the couple's marital property by a premarital agreement; a spouse's personal injury compensation, except for loss of earnings during the marriage and compensation for expenses paid from marital assets; and any gift given to only one spouse.

Separate property includes inheritances — even if acquired during marriage — and property acquired after you file a petition for divorce or legal separation.

Separate property assets are those which are acquired prior to the date of marriage or after the date of separation.

Property a spouse acquires after a legal separation is not subject to community property.

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.

Any property you acquire after the date of your legal separation is your separate property and isn't subject to division between you, if you later convert your separation to a divorce.

Typically, any property acquired by either spouse before you got married will be considered separate property and, with the exception of gifts and inheritance, any property acquired after you got married and before you separate will be considered marital property and subject to division during divorce or separation.