Sentences with phrase «distribute marital assets»

Because Arizona is a community property state, family law courts generally distribute marital assets equally among spouses upon divorce.

Lastly, the court will distribute the marital assets between both parties in an equitable manner.

Finally, it distributes the marital assets between the two parties in an equitable manner.

When the parties are unable to reach a settlement, the District Court distributes the marital assets between the two parties in an equitable fashion.

Finally, it distributes the marital assets between the two parties in according to the protocols of community property division.

Finally, it distributes the marital assets between the two parties in fair and reasonable manner.

Finally, it distributes the marital assets between the two parties in an equitable distribution.

Next it distributes the marital assets and debts between the two parties in an equitable fashion.

The court has the power to distribute a marital asset to one spouse.

Finally, it distributes the marital assets between the two parties an equitable way.

Finally, it distributes the marital assets between the two parties in an equitable way.

Not exact matches

The financial resources of each party, including the non-marital and the marital assets and liabilities distributed to each;

After awarding non-marital assets and liabilities, the court then decides how to distribute marital property accumulated during the marriage.

Adrian Altshuler acts quickly to counter this kind of activity by petitioning the court for orders that freeze marital assets until they can be distributed equitably.

Is the payout a marital asset that must be distributed?

The only way adultery might have much of impact on how assets are distributed would be if one person used certain marital assets to support the extra-marital relationship.

In the event of divorce or the death of a spouse in a marriage, judges have considerable leeway in deciding how the marital assets are to be distributed and disposed of.

Once the court is able to distinguish between your marital and separate property, it will begin the process of distributing your family's marital assets.

If one spouse causes a loss of marital property during or after the breakdown of the marriage, called a dissipation of marital assets, the court may give the other spouse a larger portion of marital assets since there are fewer marital assets to distribute because of the loss.

In other words, a portion of the marital assets can be distributed to both spouses in the interim period while divorce proceedings are in effect.

Some assets, like cars, tend to be simple to divide, but a major marital asset like a house without a mortgage can be trickier to distribute since it can not be easily divided in half or offset by other assets.

No «hard core» decisions as to how marital assets should be equitably distributed should be made in the separation agreement.

Various factors are taken into consideration when distributing assets including the incomes of the parties prior to and at the beginning of the divorce, duration of the marriage, need to occupy the marital home, loss of inheritance or pension rights, maintenance awards, future financial circumstances of each spouse, tax consequences, dissipation of assets, contributions as a non-wage earner to the income of the spouse and home, and the character of the property itself.

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.

(d) The financial resources of each party, including the nonmarital and the marital assets and liabilities distributed to each.

The equitable distribution of marital property and the income or imputed income on the assets so distributed (not considered for temporary spousal maintenance);

Regardless of the way a case starts, the divorce will not be concluded until the parties have come to an agreement and signed a Marital Settlement Agreement, which identifies and distributes all of the assets and liabilities of the marriage, and, if applicable, sets child support and child - related financial obligations, as well as maintenance, if appropriate.

While many couples are able to reach an agreement that allows one spouse to remain in the home — especially if children are involved — an equitable division of marital assets may require the home to be sold and the proceeds distributed between the parties.