Sentences with phrase «event of a separation»

You want a document that summarizes what will happen to you and your partner's assets and income in the unfortunate event of separation or death.

Roll over your profit sharing distribution from the profit sharing plan to an individual retirement account (IRA) in event the of separation from employment.

The partnership agreement is going to be the equivalent of your business pre-nup, and now is the time to think about what happens in the event of a separation or divorce.

Remember that even though the law may be silent on this kind of relationship, the terms and conditions that dictate it demand that there is a mutual trust between the partners involved, so each party can be cushioned in the event of a separation.

We'll talk about joint debts, when filing a joint bankruptcy or proposal may make sense and how your debts are affected in the event of a separation or divorce.

These rights arise in the event of separation, divorce or the death of a spouse.

The reason for the waiver is because a pension partner has rights to some part of that pension in the event of separation or death.

In the event of a separation that leaves hard feelings on your wife's side, you may find you'd value the out to never deal with those people again, instead of having to keep giving them rent money, call maintenance, etc for the rest of the lease term.

«A post-nuptial can specify exactly how the couple's finances are divided in the event of a separation and can clearly detail factors such as money received from a specific compensation claim.

In the event of a separation, you should review any Powers of Attorney you have made to determine if any changes are required.

Your spouse may also be named as your estate trustee (executor) in your will, which you may wish to change in the event of separation.

A postnup is a written agreement executed after marriage that settles assets & debts in the event of separation or divorce.

If you are considering marriage and are either bringing significant assets to the union or have children from a previous marriage, you may want to consider a prenuptial agreement to identify the division of assets in the event of separation or divorce.

A prenuptial agreement is really nothing more than a contract establishing how property will be divided in the event of a separation or divorce.

This agreement typically addresses issues such as property distribution, support and financial distribution in the event of separation or divorce.

You may make an agreement with your spouse regarding how property will be divided in the event of a separation and / or divorce.

These agreements establish the guidelines for how you and your spouse will treat such issues as your finances, debts, assets or property division and spousal support during your relationship and in the event of a separation.

The agreement provided, inter alia, that each party waived the right to the other's separate property in the event of separation or divorce; each party would keep separate bank accounts; and the husband's maintenance obligation would be limited to a lump sum payment of $ 20,000.

While prenuptial agreements establish how assets and property will be treated in the event of a separation, they can also include the guidelines for how certain aspects of your relationship will work when you're together.

In order to deal with this uncertainty, couples should plan ahead and consider how they want to divide property in the event of a separation.

In such a case, you should then set out your own plan for dividing up the property in the event of a separation.

We can prepare a cohabitation agreement that can minimize the difficulties and stress you'll face in the event of separation.

Civil partnership is not the same as a gay marriage, but the rules and legal principles concerning the creation and dissolution of civil partnerships are based in the most part on those governing marriage.Before entering into a civil partnership couples may want to clarify what should happen regarding their finances in the event of separation and in these circumstances, you may want to draw up a pre-partnership agreement.

The agreement can specifically provide that you and your common - law spouse will share property in the same way that married couples would, or alternatively, that there will not be any property sharing, or only property sharing, between you in the event of a separation.

It can however be a very effective financial planning tool for both parties and can help to avoid costly and drawn out litigation in the event of separation.

The closing quote of the article says it all: «Estates practitioners must be extremely cautious when advising clients with respect to the potential consequences of estate planning techniques in the event of a separation of their clients and / or their client's children».

A prenuptial agreement allows them the ability to set out their very own provision for financial matters in the event of a separation.

The commission concluded that not all cohabitants should be able to obtain financial relief in the event of separation.

In the event of separation and divorce, can children decide which parent they want to live with?

This is a great addition to the understanding of the attachment process and provides a stronger platform for the discussion on how this bond can be affected in the event of a separation or divorce.

In the event of a separation or divorce, the prenuptial agreement protects your ownership over those finances.

I have over 10 years of experience helping clients with anxiety, depression, addiction, grief, marital issues, infidelity, career plans, parenting, teen issues, life transitions such as launching into adulthood and redefining relationships in the event of separation or divorce.

In the event of a separation or divorce, would the other spouse want or expect a reimbursement for these payments made during the marriage?