Sentences with phrase «divided assets equally»

Even if you think you have divided assets equally, they may not be after tax.

Community property states — Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin — typically divide assets equally between spouses.

Not exact matches

«They'll indicate in their will that they want their assets divided equally among their three children, but then they go and name one child as the beneficiary to their IRA account and another to their house or a joint bank account.

Retirement assets are not always equally divided in a divorce settlement.

The idea that a parent may get short - changed or penalized seems to me to reflect the idea that children are parental property, to be divided equally along with other assets.

This way, upon my death, my kids can divide the investment assets in the account equally without having to pay tax.

Moderately aggressive model portfolios are often referred to as «balanced portfolios» since the asset composition is divided almost equally between fixed income securities and equities in order to provide a balance of growth and income.

It could also provide liquidity that may be needed to divide estate assets equally among your children or meet potential estate tax obligations.

Property division in California follows the community property rule; all marital assets are to be equally divided between the two spouses.

However, if the husband's pre-owned assets were excluded and the remaining assets divided equally, the wife's financial needs would not be met.

In any event, all of the assets (bar the husband's pension), which totaled # 4m, were needed to meet the parties» needs and they were divided equally.

If the items are divided equally, you can resolve the division of assets.

The assets were divided broadly equally.

So don't look to divide the marriage assets roughly equally and leave pre-marriage assets, inheritances and unilateral assets ring - fenced, only redistributing them if necessary to reflect compensation or needs arguments.

Property division: Wisconsin is a community property state, meaning that all community property (marital assets and debts) are generally divided equally.

The value of the trust was found to be the fair market value of its assets as of the date of adjudication (after taking into account the costs of distribution and any income tax liability) and it was ordered to be divided equally between the parties.

Generally, married spouses are believed to have contributed equally to a marriage; and upon dissolution, all of the assets and debts accumulated over the course of their marriage, except those which can be excluded, are equally divided between the two of them.

When dividing up an inheritance between multiple children, consider dividing assets and responsibilities equally, naming specific beneficiaries, and talking to your kids about your estate plan.

Aside from providing funds to pay off any estate taxes, second to die life insurance policies can also be used to equalize your estate, or equally divide the assets you intend to leave behind to your children.

Respondents» answers to the question whether it is possible to equate bitcoin with gold and whether it can be used as a safe haven for assets were divided equally: 40.69 % answered affirmatively, and 42.9 % answered negatively.

Community property assets are normally divided equally between you and your spouse.

This means a court does not divide all relevant assets equally.

Next, the court will divide your marital assets equitably, which means fairly, but not necessarily equally.

You can always try mediation and see if your spouse will cave on this (mediation is a better way to handle property division in a divorce, but if a judge gets to make the decision in your divorce in Nevada, the assets will be divided equally between the two of you.

When couples divorce in community property states, all of those assets and debts acquired during the marriage get divided equally.

Separate the assets into your separate property (if any) and understand that the remainder will be divided roughly equally between you and your spouse.

Assets accumulated during the marriage are divided fairly but not necessarily equally.

In the divorce process an actuary may be called upon to calculate the current assets of marital property and project what the worth would be at some future date, the enduring period if equally split, or financial result of dividing current assets.

We work with Certified Divorce Financial Analysts, who can examine retirement accounts and help inform our clients on how to equally divide these assets.

For couples who choose to use a litigation process to divide their assets and debts, their community property will be divided equally and separate property will be fully retained be the owning spouse.

Which assets will be divided equally and in kind, and which will be allocated solely to one party or the other to produce this equitable division should be discussed.

In community property states, the property is usually divided equally with the exception of assets acquired prior to the marriage classified as separate property by the court.

With community property, both spouses own income and assets equally, and items can be divided evenly.

However, if they obtain a Medicaid divorce and the assets are divided equally, he would keep $ 300,000 of their savings, a huge difference.