Not exact matches
Return on
assets (ROA) is net income
before extraordinary items
divided by total
assets.
It also involves having come to an agreement about how to
divide assets or about child custody
before the dissolution paperwork is filed.
Marriage agreements, or «prenups,» are legal agreements that establish which property and
assets belong to each partner
before a marriage and how property and
assets are to be
divided in case of divorce.
If you are considering estate planning to take care of your
assets and
divide them properly between your loved ones, experienced family lawyers like Family Lawyers Perth will tell you to write down the information they need
before you make an appointment with them.
Old formula as prescribed by IRDA and as contained in the policy document: Market value of the investment plus / (minus) expenses incurred in the purchase / (sale) of
assets plus current
assets and accrued interest (net of fund management charges) less current liabilities and provisions,
divided by, number of units outstanding under the fund at valuation date (
before creation / redemption of units).
Modified formula as stipulated by IRDA effective August 18, 2011: Market value of the investment held by the fund plus value of current
assets less value of current liabilities and provisions, if any and
divided by the number of units existing on the valuation date (
before creation / redemption of units).
If your marriage should end in divorce, or if one spouse should die
before the other, the prenuptial or postnuptial agreement can dictate how certain
assets should be handled or
divided.
Unless these funds are owned by one spouse alone as a result of money from
before the marriage or as a result of a gift from someone other than the other parent, the funds will be
divided along with all of the other
assets and debts of the parties.
Separating couples would
divide assets and set child custody arrangements peacefully
before beginning new lives as single individuals.
Before the court can
divide assets in your divorce, it must first categorize the property you and your spouse own.
Generally, the court does not have authority to
divide a spouse's separate property, which includes
assets acquired
before the marriage or by gift or inheritance.
If both spouses have reached an agreement on the terms and conditions of the divorce - how to
divide assets and liabilities and custody and visitation time with the children - the parties can file a settlement agreement with the court
before the case proceeds to the hearing stage.
When couples that are divorcing have a large number of
assets together or
assets from
before the marriage, an experienced attorney should be retained so
assets are properly
divided as well as the debt.