Even in
considering asset divisions and alimony requests, a judge will keep your child's well - being in mind.
Not exact matches
Tsunakawa added that
asset sales or a potential listing of its cash - cow flash memory chips
division were options that could be
considered.
The risks involved in making a corporate acquisition - whether of a large
asset, a
division of an existing company, or even a competitor - are enormous, in part because there are so many unknowns to
consider.
If this money is used as a down payment for a home, and there is no prior contract to protect it, then that money is
considered a family
asset for the purposes of
division.
However, the value of the degree may also be
considered a marital
asset and subject to
division.
However, said the judge, «objective thinking» lead him to
consider that the order agreed «represents a fair
division of existing
assets» and that therefore full disclosure would have made no difference.
There are many different types of property that must be
considered in cases involving Virginia
division of marital
assets.
Section 112 of Singapore's Women's Charter empowers the courts to order such
division of matrimonial
assets as they deem «just and equitable» and requires the courts to
consider a host of specified factors in making that decision.
Prior to or during marriage couples often
consider entering into an agreement regarding the
division of
assets in the event of a divorce.
Pre / Post Nuptial Agreements Prior to or during marriage couples often
consider entering into an agreement regarding the
division of
assets in the event of a divorce.
Indeed, several courts have held that regardless of the certainty that the tax liability will be incurred in the future if an
asset is sold, liquidated or otherwise reduced to cash, the trial court is not required to speculate on or
consider such tax consequences in the absence of proof that a taxable event has occurred during the marriage or will occur in connection with the
division of the
asset.
If it is likely they will be used beforehand (to purchase a new house, for instance)
consider the tax consequences of withdrawing the funds from the plan and advise the lawyer preparing the separation agreement accordingly — a different
division of
assets could make more sense.
If you are
considering marriage and are either bringing significant
assets to the union or have children from a previous marriage, you may want to
consider a prenuptial agreement to identify the
division of
assets in the event of separation or divorce.
The prior 14 years where the parties were living together yet not married, are not subject to
division as those are
considered pre-marital
assets.
Unlike many states, Virginia does permit parties to cite fault as the basis for divorce, which may be
considered in
divisions of property and / or
assets.
Individuals who are getting divorced need to
consider a range of issues regarding
division of
assets and property and
division of debts.
The Court also clarified that property acquired after a common law relationship breakdown can be
considered in determining the parties» financial positions when deciding on
division of
assets.
In its deliberation with regards to the
division of matrimonial property, the Court determined that it had the jurisdiction to
consider the value of the
assets located outside of British Columbia, but that it had no power to «determine the right, title or interest in land situated outside the province».
Disclosure: It is well established that Canadian courts have the jurisdiction to
consider foreign
assets for the
division of matrimonial property.
The Criminal Investigation
Division has been following the development of cryptocurrencies since early 2014, when the IRS issued guidance for the evaluation of virtual currencies,
considered assets for tax purposes.
Valuation experts, or business appraisers, will
consider many complex factors for
asset division purposes, such as the
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.
However, as with a
division of
assets, the court is unlikely to
consider adultery a factor in determining spousal support unless the spouse's adulterous behavior caused financial harm to the other spouse.
If the property can not be adequately traced to a separate property source, the
asset will be
considered marital property and subject to
division between the spouses.
Though the court should
consider the whole picture of your
assets and marriage in making its property
division, the court has broad discretion when making its decisions, even regarding the
division of inheritances.
If your separate
assets appreciated in value during the marriage due to marital efforts, such as your wife's labor or contributions, the appreciation is
considered marital property and is subject to
division in your divorce.
This means that there is no automatic exclusion or equal
division of
assets and liabilities acquired during the marriage, but rather there are a number of factors the Court is to
consider to arrive at a fair
division, see N.J.S.A. 2A: 34 - 23.1 for the specific factors.
Providing an accurate accounting of marital
assets does not mean that you will lose personal
assets... only that they will be
considered along with everything else that may be valued as part of a property
division.
Before the court must step in and guide
asset division, you may
consider enlisting the services of a divorce mediator to help you.
Instead, spouses work together to
consider multiple possibilities for the
division of their community and separate
assets and debts.
There are many other kinds of
assets to
consider during the
asset division phase of a divorce that you may have a right to, depending on your specific financial situation.
If the property was purchased with marital
assets during the marriage, the property will likely be
considered part of the marital estate and subject to
division, regardless of whose name is on the title.
You also want to look at some of the professional associations that the mediator is affiliated with and
consider whether or not they participate in continuing legal education with regards to parenting, co-parenting,
asset division, child support and spousal support.