Sentences with phrase «clause in their separation agreement»

Often when parties separate, they include a clause in their separation agreement that says spousal support can end or be reviewed when there is a «material change of circumstances».

Reunited couples should pay close attention to the reconciliation clauses in their separation agreements to avoid being burned should they split a second time, Toronto family lawyer Jennifer Samara Shuber tells AdvocateDaily.com.

Another common practice is to include a clause in the separation agreement that if the person dies without a life insurance policy in place, then his or her ex has a first charge on the estate for the amount of the required policy.

Finally, if your spouse's life insurance policy has a cash surrender value, you'll want to put a clause in your separation agreement that will keep your spouse from borrowing against the cash surrender value.

Not exact matches

A written agreement is not required to establish a legal separation in North Carolina, but it may be necessary to sidestep legal complications, such as the purchase of real property before the divorce is finalized (called a «free trader clause»), and establish the date of separation and waive claims a spouse may have against a third party (called a «third party waiver») for alienation of affection and / or criminal conversation.

Where a recipient of Deserted Wife's Benefit, Deserted Wife's Allowance, Lone Parent's Allowance or One - Parent Family Payment is receiving maintenance payments by way of a Family Law Court Order, (either a Family Law Maintenance Order or a Separation Agreement which has gone through the court and has a Maintenance clause in it) and those maintenance payments have not been assessed in deciding his / her rate of payment, then s / he is liable to transfer any payments received to the Minister for Employment Affairs and Employment Affairs and Social Protection, including any payments made in respect of children.

While separation agreements usually have a nonharrassment clause in them, you should understand that no piece of paper - be it agreement or court order - is going to stop a person from doing something he or she wants to do.

-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.