Sentences with phrase «acquired during the course of the marriage»

Any assets acquired during the course of a marriage may be eligible for equitable distribution.

And it will tend to care more about immediate needs than about whether assets were acquired during the course of the marriage, or predate it, or are the result of an inheritance.

In general, any property or assets acquired during the course of a marriage is considered marital property.

Like other assets, pension may be transferred from one spouse to another in cases of divorce to the extent that part of the pension was acquired during the course of the marriage.

Not exact matches

For one thing, it's likely more assets will have been acquired during the course of a long - term marriage than during the course of a short - term marriage.

Marital property is any asset acquired by either spouse during the course of the marriage.

Whilst assets which are acquired by way of gift or inheritance from a third party during the marriage are generally excluded from the definition of matrimonial property, if there is a change in nature of the asset during the course of the marriage, the asset could be converted into matrimonial property.

Those assets acquired by you during the course of your marriage are characterized as community property.

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.

«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.

«all real and personal property acquired by a spouse before marriage or acquired by a spouse by devise, descent, or gift during the course of the marriage.

However, property acquired by gift from the other spouse during the course of the marriage shall be considered separate property only if such an intention is stated in the conveyance.

In these states, property acquired by the couple during the course of the marriage belongs to the spouse who earned it.