Sentences with phrase «dividing assets and debts»

A skilled mediator can also guide you and your spouse through the process of dividing your assets and debts and reaching an agreement on alimony while you create your separation agreement.

Alimony affects other areas of divorce such as dividing assets and debts.

Listening for what matters for each person and helping divorcing couples have the needed conversations to get to agreements on dividing assets and debts, sharing the parenting responsibilities, and support arrangements is the primary focus of Collaborative attorneys, coaches, child specialists, and financial professionals.

Sometimes it means dividing assets and debts in a unique way after discussing potential tax consequences with a financial neutral.

In addition, you may want to consider more non-traditional methods of dividing your assets and debts in a way that is better suited for your family.

Oregon statutes serve as the guidelines judges use when dividing assets and debts between the spouses.

They also utilized the expertise of a neutral financial planner who developed options in dividing their assets and debts and created a customized solution for their finances.

As a result, the parties are able to merge their attorneys» legal advice with the financial neutral's advice, which often leads to much more sophisticated or nuanced settlement results than would be true if everyone is mechanically dividing assets and debts without the benefit of professional financial advice.

When a couple divorces, they must go about dividing the assets and debts accumulated over the course of the marriage.

In addition to the custodial and child support issues you'll face if you have kids, there could be very serious financial ramifications for you, because the court only divides assets and debts in the case of a divorce or separation.

It is true that prenuptial agreements are a great tool for discussing how to later divide assets and debts that each has brought into the marriage and other property that they may foster together.

Prenuptial agreements can designate how to divide assets and debts.

Couples who do not agree on how to divide assets and debts go to court, and ask a judge for a decision

This means that all marital property is taken into account when dividing assets and debt, and the division is handled in a fair and reasonable manner.

To give you an example of what that means, suppose that you and your spouse or partner agree on most issues but can not, for instance, agree on how to divide your assets and debt.

Are you and your spouse in agreement on how to divide your assets and debts?

Judges consider several factors in deciding how to divide assets and debts, including the length of the marriage, the contributions of each party to the relationship, and the financial circumstances of each party.

Divorce mediation is a process where you and your spouse sit down with a neutral - third party divorce mediator to divide the assets and debts of your marriage without going to court.

If you can not come to an agreement at mediation, the Florida divorce court will divide assets and debts for you and impose the court's own mandate on how you will live from the final judgment forward.

If a couple can not agree on the terms of their divorce, the court will divide their assets and debts, as well as determine custody and support.

Parties prepare for a stipulated divorce hearing by agreeing on a marital settlement that divides their assets and debts and addresses the future care of any children.

Couples in Oregon can avoid having a judge make decisions for them by reaching their own agreement on how to divide their assets and debts either with or without the help of a mediator.

Legally separated spouses formally divide their assets and debts, then live apart and maintain separate finances.

Though not all Florida judges are willing to dissolve marriages of same sex couples, it is still important for separating gay and lesbian partners and spouses to settle child custody issues, divide their assets and debts, and prepare for for the transition from being together to being single.

Sometimes referred to as a divorce agreement, property settlement agreement, a marital settlement agreement for divorce or separation is a legal contract which indicates how you intend to divide your assets and debts, as well as spousal support and / or child support.

Commonly contested issues include custody of the children, payment of spousal support, or how to divide assets and debts.

Both establish financial support for the children, divide assets and debts, and grant alimony in some cases.

A marital settlement agreement is a legal contract of how you intend to divide your assets and debts, as well as spousal support and / or child support.

The couple sits down in our office for two hour increments and decides things like when, where and how they will spend time with their children, how to divide their assets and debts, and how much support they will need to make ends meet.

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.

You will decide how to divide your assets and debts.

That's okay, as long as you make sure to actually divide your assets and debts according to what your divorce judgment says.

Equitable division laws give the court the power to order whatever the court feels is fair given your individual circumstances, and community property laws require the court to divide the assets and debts accumulated during the marriage 50/50, with some exceptions.

You found yourself an attorney who discusses the different processes with you that can be used to divide assets and debts, set a child sharing plan, and set support.

For example, if one of your problems is dividing your asset and debts, your can begin with creating an itemized list of all assets and debts and their values.

Basic concerns that often arise during the process are «Who is going to live in the marital residence» «How will we afford two households», «How will we be able to financially take care of the children, and spouse if applicable», «How will we divide assets and debts».

Make sure you divide your assets and debts equitably.

While a judge can readily determine some issues such as child support, how to equitably divide your assets and debts may take some negotiations back and forth between you and your spouse.

Similarly, look at projected values as you divide your assets and debts.

Not exact matches

Long - term debt should be less than 40 % of total capital, and the current ratio (current assets divided by current liabilities) should exceed 2.0.

Company financial strength is scored by looking at levels of the current ratio (current assets divided by current liabilities) and debt - to - equity ratio (long - term debt divided by equity and expressed as a percentage).

Simply take their total debt amount and divide this number by the company's total assets.

NCAV is short for Net Current Asset Value and is calculated by subtracting Total Debt from Current Assets and dividing the result by the number of shares outstanding.

Doing things like dividing up assets and debts, determining custody, and figuring out how to do it all without losing your cool can be incredibly stressful.

Its divided into three major parts Assets (see assets), Liabilities which include debts, taxes owing and Shareholders Equity (see eqAssets (see assets), Liabilities which include debts, taxes owing and Shareholders Equity (see eqassets), Liabilities which include debts, taxes owing and Shareholders Equity (see equity).

They also need to have a good idea of their debts and assets, including RRSPs, TFSAs, property and other investments and how those should be divided.

If the conflict is over debts and assets, you will want excellent records of all expenses in your marriage in order to accurately divide property.

As for family debts, they will also be divided 50/50 so a spouse can't ask for 50 % of the assets and take no responsibility for debts during the marriage.

Division of property — Our lawyers will help you divide debts and assets in accordance with the community property laws of Texas

An Ohio family lawyer also can discuss with you what to expect if you need to divide assets or debts from your marriage, whether you might be able to get alimony or child support payments, and the process for determining custody of your children.