Sentences with phrase «distribution state»

On the contrary, equitable distribution states determine marital property to be those that have the names of both spouses on the ownership titles.

In equitable distribution states, more assets are considered «marital property,» but the split is not necessarily 50 - 50.

FL&NY are Equitable Distribution states, because their marriage laws developed from English Common Law and they have adopted new laws in the twentieth century to ensure equitable division of property acquired during marriage.

A. Michigan is an equitable distribution state which means that during a divorce, all marital assets and debts will be divided fairly between spouses based on the circumstances of the marriage and divorce.

Colorado is an equitable distribution state so spouses roll the dice when they're unable to divorce by agreement...

In equitable distribution states like Florida, for example, a prenup should outline how the business would be divided based on how much each spouse is involved.

Courts in equitable distribution states divide marital property equitably between spouses, though not necessarily equally, based on certain statutory factors.

Property division in divorce can be difficult to understand in equitable distribution states because there are few hard and fast rules.

A few equitable distribution states permit all property acquired by either spouse before the divorce, including property obtained before the marriage or by inheritance or gift, to be divided equitably between both spouses.

Even in equitable distribution states where judges don't necessarily have to divide marital property 50/50, they rarely stray very far from that equation.

But that's where Indiana's similarity to other equitable distribution states ends because judges have the right to distribute virtually everything either spouse owns.

New York is an equitable distribution state when dividing property during divorce.

Bedrock Divorce Advisors: Do You Live in a Community Property State or Equitable Distribution State?

Community property laws generally divide marital assets right down the middle, as opposed to equitable distribution states which seek to divide marital assets fairly, rather than exactly equal.

However, Texas is unique in that courts are required to divide property in a manner that is «just and right» after evaluating several factors — just like equitable distribution states — meaning spouses might end up with an unequal division.

In an equitable distribution state, debts in one spouse's name are his or hers alone.

If you live in an equitable distribution state, the court will consider a number of factors in deciding how to distribute the debt.

Tennessee is an equitable distribution state.

Tennessee is an equitable distribution state, which means that the court decides who gets what based on its idea of fairness.

Pennsylvania is an «equitable distribution state» meaning that on request of either spouse the court will work to fairly divide the marital property between both spouses in a divorce, and this is done without consideration to marital misconduct by either spouse.

Florida is an equitable distribution state, meaning that we start with the presumption of a 50/50 split of «marital property» (all property acquired during the marriage).

Florida is an equitable distribution state, meaning that in divorces decided by the court, judges should divide marital assets equitably between the spouses.

Montana is an equitable distribution state.

In equitable distribution states, the idea of a «fiduciary relationship» between spouses has been applied only in the context of disclosing assets during the negotiation of antenuptial or property settlement agreements.

Florida is an equitable distribution state.

Some states are community property states while others are equitable distribution states.

If you are getting a divorce in Massachusetts, it's important to understand that Massachusetts is an equitable distribution state.

Wyoming is an equitable distribution state, meaning that at divorce, marital property is divided between two spouses in a way the court considers equitable.

Liability for a spouse's debts depends on whether the divorce happens in a community property or equitable distribution state.

An equitable distribution state, North Dakota is a «kitchen sink» jurisdiction, which means that separate as well as marital property is subject to distribution.

Alabama is an equitable distribution state.

Michigan is an equitable distribution state, but judges typically divide assets fairly evenly.

Bedrock Divorce Advisors, LLC: Do You Live in a Community Property State or Equitable Distribution State?

As an equitable distribution state, Florida law requires fair division of property between formerly married parties, which sounds great.

In equitable distribution states, judges may stray from a 50/50 split when they believe circumstances warrant it.

Bedrock Divorce Advisors: Do You Live in a Community Property State or an Equitable Distribution State?

In an equitable distribution state, the division must be fair but not necessarily equal.

The division of an asset or debt in an equitable distribution state can be 50/50 or the parties can receive an unequal distribution.

Courts in equitable distribution states are not obligated to divide marital property or debts 50/50.

Your spouse also does not necessarily own everything if you live in one of the 41 equitable distribution states.

In Texas, however, judges can weigh several factors when allotting marital property between spouses, just as they can in equitable distribution states.

In equitable distribution states, courts use factors established by state laws to make distributions of marital property.

Separate property is not usually subject to division in equitable distribution states.

South Carolina is an equitable distribution state.

In equitable distribution states, the judge will take several factors into consideration, then apportion the assets between you.

However, because Florida is an equitable distribution state, a judge may then take other factors into consideration, and those factors might result in something closer to a 60/40 split.

Oregon is an equitable distribution state.