Sentences with phrase «divide joint property»

Not exact matches

The family home may have to be sold to divide the property as a joint asset.

With time - shared property, the group of purchasers divides the usage of the property by weeks or months allowing usage only to the joint owners.

The parties have accumulated certain community, joint and common property and debts during the coverture of the marriage which should be equitably divided.

If you and your spouse have any joint marital property (assets or debts) they can be divided in your divorce.

In working with a joint neutral financial professional, you and your spouse can work to inventory separate and community property, gather information as to property and debts, generate options to divide the property and evaluate the merits of each option.

But in Dheenshaw the putting of the money into a property in joint names then selling and dividing the proceeds equally wasenough to prove and intent to share the formerly excluded property equally.

Joint property is shared equally and, if necessary, sold to divide the proceeds.

Our skilled Calgary Joint Matrimonial Property Lawyers know that there is a huge difference between how Calgary exempt property and Calgary matrimonial property is Property Lawyers know that there is a huge difference between how Calgary exempt property and Calgary matrimonial property is property and Calgary matrimonial property is property is divided.

While this is a heart - warming story in many respects, the potential for equity held in the property to be divided in a way that is unfair on one joint owner and their benevolent families is a real one — and a risk families and their loved ones need to take seriously at the point of purchase, when legal protection by way of declarations of trust can be put in place easily.

In Stack despite joint ownership and the starting point of a 50/50 split, the property was divided on a 65/35 basis.

In Washington state, where community property is divided in a «fair and equitable,» rather than equal manner, the person who has little current earning capacity will push for 60 % of the joint property while the employed spouse will seek a 50/50 division and inch up slowly to agreeing to 51 %, then 52 %, etc..

If you feel that a Joint Petition divorce is a good option for your but feel uncertain about how to divide your debts and property, or if you have children with your spouse and want to know what's appropriate as far as child support and visitation, consider Collaborative Divorce.

Unless the spouse can later trace funds in the joint account to their separate property source, an Ohio court is likely to treat the entire account as marital property and divide the funds between both spouses.

When separate property appreciates because of joint efforts, the appreciation may be divided between the spouses.