Sentences with phrase «assets and debts acquired»

In community property states, courts award each spouse half of all assets and debts acquired during the marriage.

It means that all marital property will be distributed equitably, which is a fair division of all the assets and debts acquired during the marriage.

During a divorce, the term «equitable distribution» refers to the division of assets and debts acquired by one or both parties during the marriage.

When couples divorce in community property states, all of those assets and debts acquired during the marriage get divided equally.

During a divorce, the term «equitable distribution» refers to the division of assets and debts acquired by...

Equitable Division of Assets: Equitable distribution refers to the division of assets and debts acquired during a marriage.

This law provides that all assets and debt acquired during a marriage are considered marital property and are therefore subject to division among the spouses.

If you live in a community property state — Arizona, California, Louisiana, New Mexico, Nevada, Idaho, Texas, Washington or Wisconsin — assets and debts you acquire during your marriage belong equally to both spouses, except in certain narrow circumstances, such as assets acquired by inheritance or gift that you kept separate from your marital assets.

Not exact matches

But while the value of real estate and equities plunged, the debt incurred to acquire those assets remained, leaving households very highly leveraged.

In terms of finding a balance between the two, as long as I continue saving and acquiring assets while keeping minimal debt, the net worth and income will grow.

We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.

The West Coast eREIT focuses on a balanced approach of acquiring both debt and equity investments in commercial real estate assets located specifically in the West Coast region.

[195] Under the deal, JPMorgan Chase acquired all the banking operations of WaMu, including $ 307 billion in assets and $ 188 billion in deposits, for a price of $ 1.9 billion plus debt assumptions.

School is very expensive, and you can't acquire assets while accruing debt to attend.

Any assets and / or debts acquired by spouses during marriage belong to both spouses, and must be split equally during divorce proceedings.

It generally includes assets and debts a couple acquires during marriage.

Marital property includes most assets and debts a couple acquires during marriage.

As the SPV has no assets of its own apart from the shares in target it acquires with that debt, the lenders will turn to the assets of the target group, typically requiring upstream guarantees from them of the acquisition finance borrowed by the purchaser and for those guarantees to be secured on the assets and undertaking of each such target group company.

Marital property in Florida is considered to be all assets and debts either spouse acquires during the marriage, unless there is a valid written agreement stating otherwise, regardless of whether the property or debt is only in one spouse's name.

In general terms matrimonial property includes all assets belonging to the parties individually or jointly which was acquired during the period of marriage and held as at the date of separation, less any debts similarly held by the parties individually or jointly as at that date, subject to a few exceptions.

As long as the asset or debt was acquired during the marriage, with a few notable exceptions, it is considered marital property and will be divided in an equitable manner.

To prepare a document as to how the separation is going to work, you need to invest some time, perhaps a lot of time, depending on how long you've been together, in determining what you have acquired in terms of assets and debts and if you've have children.

The separation agreement could effectuate a «freeze» on all of your assets and debts that were acquired during your marriage.

Marital property includes most assets and debts a couple acquires during marriage.

Martial property includes all assets and debts that were acquired during the marriage, such as real estate, motor vehicles, bank accounts, investments, retirement accounts, business interest, collectibles, artwork, and personal belongings.

California's community property law basically includes as «community property» all assets and debts and income acquired during a marriage, before permanent separation.

According to Michigan law, any assets or debts acquired by either spouse during your marriage are considered part of the marital estate, with rare exceptions made for gifts and inheritances.

A legal principle followed by most states, in which marital property, (assets, earnings, debt and obligations) acquired during marriage are divided at divorce.

Other top responses included paying off debt (44 percent), acquiring assets (32 percent) and investing in core operations (24 percent).

Fox will spin off the assets it plans to keep, with Disney acquiring the studio, cable channels such as FX and National Geographic, and international assets in a deal valued at about $ 60 billion including debt, the people said, asking not to be identified discussing private information.

Today, REITs are looking for new strategies to achieve their growth objectives, including accessing private and public equity capital; using secured and unsecured debt; issuing preferred stock; pursuing off - balance - sheet joint ventures, strategic mergers, and consolidations; and acquiring core and noncore assets in the United States and overseas.