Sentences with phrase «equal division of assets»

This means that there is no automatic exclusion or equal division of assets and liabilities acquired during the marriage, but rather there are a number of factors the Court is to consider to arrive at a fair division, see N.J.S.A. 2A: 34 - 23.1 for the specific factors.

The rest of the states are community property states and apply an equal division of assets.

Given the length of their marriage, an equal division of the assets may be an optimistic demand for Ms. Zhukova, but the courts won't see her go without either.

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.

The court will order an approximately equal division of the assets and liabilities when:

Charles J held there was no duress, fraud or misrepresentation and felt the agreement was a «good and powerful» reason for departing from an equal division of assets on divorce:

(iii) In big money cases where a clean break can be achieved a wife with ordinary career prospects is likely to have been compensated by an equal division of the assets and consideration of how the wife's career might have progressed is unnecessary and should be avoided.

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».

As a common - law couple, no one is entitled to equalization payments — payments made from one spouse to another to create an equal division of the assets.

Not exact matches

Since the no - fault divorce revolution began in California in 1970 and spread to all 50 states, divorce decrees have generally mandated an equal division only of the couple's present assets and liabilities.

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.

The Scots lawyer would counter that by emphasising the primacy of equal division of matrimonial assets in Scots law (rather than a lesser sum being awarded to satisfy the claimant's perceived needs); the possibility of a greater award of capital to the claimant by utilising s. 9 (1)(b) and (c) of the 1985 Act; and the generous view of pensions.

There are two key concepts for asset division: 1) defining what exactly is (and isn't) marital; and, 2) noting Georgia does not require an equal division of property.

This rule seeks a fair, but not always equal, division of both assets and debt.

Remember, equitable does not mean an equal division of the marital assets.