Sentences with phrase «divided upon divorce»

Speaking very generally, marital property is usually divided upon divorce regardless of the name on the title.

The type of regime will be determinative of how property is divided upon divorce, as well as impacting upon issues of bankruptcy and inheritance.

Prenuptial agreements may determine which property and debts should be divided upon divorce, which property should be excluded, which property should be excluded from the probate estate when one of the spouses dies, whether alimony should be paid upon divorce or separation and if so, how much and how long.

The amount of retirement to be divided upon divorce is dependent upon the number of years a spouse has served, the number of years the parties were -LSB-...]

Of course, a couple's property and debts will be divided upon divorce, whether or not they decide to create a prenuptial agreement.

From calculating how matrimonial finances should be divided upon divorce, to considering the tax implications of the same, a lot of number crunching goes on.

In these states, married couples who obtain property usually own it jointly, which means it would be divided upon divorce or other dissolution of the marriage.

Measuring the increase in value of your business, to divide upon divorce, can be an overwhelming task.

Not exact matches

So even the law pools everything and divides it in half upon divorce.

Our Vancouver Divorce Lawyers explain that spouses generally get 50 % of all family property upon marriage break down as per the BC Family Law Act, unless it would be significantly unfair to divide them 50/50.

Unless a fair and reasonable division of property can be agreed upon, Oregon law states that a couple must divide their property under the principle of equitable distribution in a divorce.

how property will be divided between the spouses upon separation, divorce, or death of either spouse

Property is to be divided equitably between the parties upon divorce.

This form would follow the filing of the divorce complaint and tells the judge the specifics of how the marital property will be divided, agreed - upon amounts for child support and alimony, as well as indicating that the parties meet the Washington residency requirements.

This differs from states that split marital property 50/50 upon divorce and relies more on factors relevant to both spouses when dividing assets and liabilities.

The way property is divided in divorce depends upon the state in which you live.

The press has today reported upon a divorcing couple namely Mr Ray and Dr Sekhri, a lawyer and a doctor who have between them spent more than # 850,000 in legal costs litigating how their assets upon divorce should be divided.

In most cases, todays divorce proceedings are based upon no - fault, where the process focuses on dividing assets and not the marriage problems.

The court may require the spouse to bring certain documents, such as the divorce decree signed by both spouses, property division agreement, agreed upon parenting plan, lists of how debts will be divided between the spouses, and completed child support worksheets.

If a married person does not want to divide his inheritance upon divorce, he may keep it entirely separate from community property.

In community property states, marital property is owned equally by both spouses and courts will generally divide that property equally upon divorce.

Thus, it is generally divided between spouses upon divorce.

In the state of New Jersey, marital property is divided equitably between the parties upon divorce.

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.

This means that it is divided 50/50 upon divorce.

In New Mexico, the law designates all property acquired by either spouse during the marriage as community property that must be divided equally upon divorce according to value.

Massachusetts is an equitable distribution state, meaning all marital assets must be divided fairly upon divorce.