Sentences with phrase «division of marital assets»

"Division of marital assets" refers to the process of dividing or sharing the property and possessions between spouses when they decide to end their marriage through divorce or separation. Full definition
We use financial consultants to determine the equitable division of all marital assets.
The costs of marriage break down are extensive; existing debt, disputes over division of marital assets, mounting legal fees, lost time from work, lost wages, emotional trauma etc..
Remember, equitable does not mean an equal division of the marital assets.
The present value pension calculator is particularly useful for divorcing couples who need a present value appraisal of a pension for division of marital assets.
There are several steps that must happen for the effective division of marital assets.
Obviously, the fair division of marital assets and debts has a profound impact on the future financial well - being of divorcing parties.
This person will be able to help you understand your current financial situation and can help you understand the short and long term financial impact of any proposed division of marital assets.
In these states, the court generally makes an even 50/50 division of the marital assets between a couple.
In any divorce, a fair and equitable division of marital assets and debts are essential.
An experienced CDFA like Patricia will focus on helping spouses secure an equitable division of the marital assets in a divorce.
They include the value of property each spouse received during division of the marital assets, the requesting spouse's age, any health conditions, and the requesting spouse's ability to work and income earned.
you can structure your divorce agreement in a non-standard way, whether that involves division of the marital assets, co-parenting or alimony,
There are many different types of property that must be considered in cases involving Virginia division of marital assets.
If you and your spouse have agreed on the divorce details, including division of marital assets, child support and parenting, then you can usually press ahead with a simple or uncontested divorce without the services of an attorney.
: How and When Dissipation, Depreciation and Depletion impacts an Equitable Division of Marital Assets.
Division of marital assets in MA must be «equitable», which means «fair».
The other, through the exigencies of no - fault divorce laws and the principle of (so called) equal division of marital assets, became a classic example of the feminization of poverty Fortunately, the children in both cases were nearly grown and thus less likely to be seriously affected by the fallout of divorce.
New Jersey law requires equitable division of marital assets and liabilities.
One of the most frequently asked questions during a divorce consultation and through the divorce process pertains to the division of marital assets, also known as equitable distribution.
With the exception of qualified retirement plan assets covered under the Employee Retirement Income Security Act (ERISA), state laws ultimately govern the division of marital assets in a divorce, and state laws differ radically on who gets what when the marriage ends.
Although the laws of the state of Michigan do not specifically favor men over women in divorce proceedings, it is easy to see why many women feel that they have an uphill climb when it comes to an equitable division of marital assets.
An experienced attorney can be a useful resource during the division of marital assets in Virginia.
In Arizona, the family court includes decisions regarding support obligations and division of marital assets in the final divorce decree.
Some of the main topics that need to be addressed are child custody, referred to now as legal decision - making, parenting time, child support, alimony (i.e., spousal maintenance), a division of marital assets and debts, and the payment of attorney fees, expert witness fees, and court costs.
Florida law follows the concept of «Equitable Distribution», which requires an equitable division of all marital assets and liabilities.
We also represent those who are facing a less complex divorce in which there is a general agreement about the division of the marital assets, custody of children and support.
There are two main reasons why a couple may want to determine the division of marital assets without going to trial.
We work tirelessly to achieve successful resolutions of disputes concerning the division of marital assets, child custody and visitation, alimony, domestic abuse and permanent removal from the Commonwealth.
Federal law authorizes each individual state to treat military pensions as marital assets and it further authorizes each state to divide military pensions in accordance with each state's laws regarding the division of marital assets, so long as the rules and limitations imposed by federal law are complied with.
This does not necessarily mean a 50/50 division of marital assets / liabilities, but what is most equitable.
Earlier this month, the Tennessee Supreme Court ruled lifetime alimony is inappropriate provided a woman is in reasonable health, has a decent job and was fairly treated during the division of marital assets.
• Who will receive as a part of the division of marital assets the particular asset (if any) connected with the debt?
The court is subject to strict rules in what it can order on the division of marital assets, and will only:
We advise anyone contemplating a division of marital assets to meet with a lawyer to learn their rights prior to discussing a division of property.
One of the most difficult tasks that accompanies the dissolution of any marriage involves the division of marital assets.
Equitable distribution laws (laws related to division of marital assets and debts) do not apply, so separating property and liabilities can get real messy, real quick.
Acted in a complex and highly conflicted case involving the removal of children to a different jurisdiction and the division of marital assets.
You will require aid in understanding Louisiana divorce law, especially the division of your marital assets.
The court is subject to strict rules in what it can order on the division of marital assets.
Division of marital assets and liabilities, such as property, pensions, business assets and inheritances
States determine the division of marital assets in two major ways.
The settlement agreement addresses each issue pertinent to the marriage, including the division of marital assets, child custody, child support and spousal support.
However, in certain circumstances, marital misconduct becomes a relevant factor in determining a division of the marital assets or who should be granted custody of the children.
The key to uncontested divorce is that both spouses must be in agreement about the terms and conditions of the divorce, including child custody and visitation; child support, health and dental insurance, and medical expenses for the children; tax deductions and exemptions; division of the marital assets and debts; alimony; any other dispute involving the marriage; and lastly, the grounds for the divorce.
Divorce raises a number of legal and financial issues that affect the division of marital assets, the assignment of debt, access to children, and a parent's ability to relocate.
Instead, courts prefer to aid spouses in the division of marital assets, spousal support and child custody and support.
A settlement agreement is a contract between you and your spouse that sets out mutually agreed terms of the divorce, such as the division of marital assets and child custody.
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