Sentences with phrase «division of assets take»

Discussions regarding custody schedules and division of assets take place in the private offices of collaborative facilitators, attorneys, or financial professionals rather than being battled in the public courtroom.

Not exact matches

Make sure you've taken the time to consult with a financial planner to put together clear instructions about the divisions of assets and information pertaining to your funeral and final wishes.

I guess there were some advantages, though; 1) Mass Financial gets its shares listed on a US exchange without going through the usual rigmarole, and 2) Mass Financial doesn't have to put up funds to purchase the Wabash mineral royalty assets — instead they get both the royalty assets and a lot of cash (not only the cash on TTT's balance sheet at the time of the split - off of the industrial services division in March but also the $ 50 million raised by the recent rights offering) for being taken over.

Thus, said the judge, and by reference to White v White [2001] 1 AC 596, [2001] 1 All ER 1, «each party has contributed equally to the marriage» But for the séparation de biens marital property agreement, the judge took the view that he was «satisfied that, applying s 25 of the Matrimonial Causes Act 1973 (MCA 1973), giving first consideration to the welfare while minors of the three minor children and applying the checklist in s 25 (2), this would undoubtedly be a case for equal division of the assets».

Where one takes over child - rearing responsibilities that would otherwise have to be paid for or shared by a spouse, he or she is still seen as contributing to the family's economic well - being, and this may have an effect on family asset division in the case of marital breakdown.

The trial judge held that, owing to the lack of evidence, the assets could not be valued, and would not be taken into account for property division.

In Scots law, if an inherited asset is not «converted» to matrimonial property during the course of the marriage, it can not be taken into account in the financial division.

If the Princess succeeds in getting her case heard in the English courts, she will benefit from the judge taking an equal division of matrimonial assets as a starting point.

Attorney fees of each party can usually also be taken into account in determining what equitable division of the assets will be made at trial.

Holman J also concluded that it would discriminate against the wife if he were to make an unequal award and therefore, taking all matters into consideration, ordered that there should be an equal division of the assets.

If you fail to tell the judge to take family debts and tax consequences in to consideration before ordering a 50/50 division, then you risk having to pay for all the taxes and letting your spouse fly free with half of your assets.

Before a Vancouver Supreme Court Justice will take charge of a family property division case involving overseas assets in China or Hong Kong or elsewhere our Mandarin speaking family law lawyers and Cantonese speaking property division lawyers have to determine if BC has jurisdiction to decide the family property case.

Took one of least profitable divisions and achieved # 3 ROI, ranking # 2 for lowest overhead and # 3 for asset turn.

For example, if you and your spouse do not agree about the important terms of your divorce — including the division of assets and whether one spouse will receive spousal support — it can lengthen the time it takes to finalize your divorce.

Further, who would think that attorneys would be willing to take a step back, and allow (i) mental health professionals to take the lead in emotional divorce discussions and (ii) financial professionals to be the point people on the division of assets and debts and other support topics.

For a reasonable additional cost, clients may also opt to work with our affiliated financial planners who will help them to visualize the future value of the net assets they take with them in their settlement as well as assist them in providing sound financial advice for the most sensible marital asset division scenarios.

However, if you and your spouse disagree about important aspects of your divorce like child support or the division of the marital assets, it may take longer than 60 days to resolve these issues.

As assets are carefully examined during divorce proceedings, the division of a couple's debt also takes place.

Further, they help develop options for support and the division of assets and debts that can take advantage of tax loopholes and ensure a firmer financial footing post-divorce.

One thing to take note of is that any assets aqcuired personally i.e. prior to the marriage agreement, are not subject to division.

It also helps to avoid taking divorces such as these into open court, where there is no predicting the way in which a judge might rule on the division of marital assets or any financial obligations one or the other spouses may be required to meet.

• The divorce process • Debt and divorce • Discovery • Taxes and divorce • Property division • Child custody • Child support • Domestic violence • Grandparent's rights • Mediation • Collaborative Divorce • Adoption • Assets and debts • Attorney - client relationships • Prenuptial, postnuptial agreements But you could write about subjects in which you also have expertise, even though they're not strictly divorce - related: • Dealing with stress • Negotiation • How to take care of yourself during a divorce Etc..

In general, full divorces, including custody issues, division of property, and assets take between three and eight sessions.