Sentences with phrase «earnings during the marriage»

Wife's financial expert concluded the marital portion of Husband's earnings during the marriage was $ 551,878 and conservatively estimated the value of Lifeguards at $ 1.1 million and attributed $ 500,437 to a «marital allocation.»

Separate property includes an inheritance to one spouse during the marriage; property acquired by a partner before the marriage; passive income and appreciation acquired from separate property during the marriage; property acquired by one spouse after a decree of legal separation; property excluded from the couple's marital property by a premarital agreement; a spouse's personal injury compensation, except for loss of earnings during the marriage and compensation for expenses paid from marital assets; and any gift given to only one spouse.

You would assume that it is also based on the earnings during the marriage.

Marital property includes all earnings during marriage and everything acquired with those earnings.

Not exact matches

During Starbucks's 2013 investor meeting, he squared off in person against a shareholder who complained that Schultz's public stance on same - sex marriage was alienating customers and hurting earnings.

«Equitable distribution» is used in all other states, which means that all property, assets and earnings acquired during the marriage are «equitably distributed» between the spouses.

Under Arizona's community property law, all earnings by either spouse during marriage are presumed to belong to the community (the two spouses).

Before they married, they signed a prenuptial agreement that all earnings of each spouse during the marriage were to be the separate property of the spouse earning them, not community property.

In clean - break cases, the sharing principle may be applied up to the point of separation, but beyond that, and up to the final hearing, any award is likely only to be reflective of contributions during the marriage, that made such post-separation earnings possible or to meet needs.

But if you live in a community property state, both spouses have an equal stake in earnings and property during the marriage — including life insurance.

The California default rule is that all property acquired during marriage from work or earnings is community property.

If so, and all the other criteria relevant to the case are satisfied, a payor spouse's current earnings, even if higher than those earned during the marriage, can be used to determine the amount of alimony to be paid.

A recent case made it clear that under certain circumstances a court can consider the earning capacities of the parties that include earnings beyond that earned during the marriage.

In Washington, earnings and property acquired by either spouse during marriage is the rightful property of both.

Some of those 17 factors of alimony in PA include: the relative earnings and earning capacities of the spouses, duration of the marriage, contribution of one spouse a homemaker, contribution of one spouse to the education of the other, the standard of living during the marriage, age, and physical and mental health of the parties.

Privately - held businesses also require valuation, including estimates of future earnings and determination of the specific gain in value during the marriage if the business was one spouse's property prior to the marriage.

A legal principle followed by most states, in which marital property, (assets, earnings, debt and obligations) acquired during marriage are divided at divorce.