«My job is to help persuade a court of what is
a fair division of assets and liabilities, or what's in a child's best interest,» she said.
Fair division of assets often requires spouses to radically shift their perceptions of marital roles and entitlements from those which feel familiar to those which feel foreign and unfair.
Equitable Distribution:
A fair division of the assets acquired during your marriage.
Whether you have a prenuptial or post-nuptial agreement, we can help you determine
a fair division of assets based on New York's equitable distribution laws.
In divorce cases where at least some level of arbitration is required, for instance in determining
the fair division of assets or regarding child ren arrangements, couples will often proceed with their divorce in the public court system.
Practitioners may therefore have more room than might first be apparent to argue that a favourable medical opinion should be treated with considerable caution when determining the parties» future prospects and
a fair division of the assets.
Not exact matches
For the first
of these, the standard legal
division of present
assets and liabilities is usually
fair, since both parties are young, unencumbered by children, and able to acquire jobs and education.
However, said the judge, «objective thinking» lead him to consider that the order agreed «represents a
fair division of existing
assets» and that therefore full disclosure would have made no difference.
Division of marital
assets in MA must be «equitable», which means «
fair».
It is important to think about
division of assets not only from the perspective
of a
fair division but also in terms
of a financial planning perspective.
This method
of allocating
assets looks at the particular facts
of each case in determining what constitutes a
fair division of property.
Do you want to avoid costly courtroom battles, shield your children from your divorce, or keep costs down but still obtain a thorough determination
of assets and liabilities for a
fair division?
And in our courtrooms, that means the
division of assets will be
fair to each party.
Although the agreement covered certain necessary items (such as a listing
of the couple's
assets, bank accounts and insurance policies,
division of household contents, etc.), it unfortunately omitted several very important ones: for example it neglected to deal with spousal support for the wife, and did not provide for a
fair division of the husband's pension.
Obviously, the
fair division of marital
assets and debts has a profound impact on the future financial well - being
of divorcing parties.
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This rule seeks a
fair, but not always equal,
division of both
assets and debt.
In any divorce, a
fair and equitable
division of marital
assets and debts are essential.
Asset division In divorce mediation, a
fair division of the real estate, retirement plans, other financial
assets, and house contents can be worked out.
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.
It means that all marital property will be distributed equitably, which is a
fair division of all the
assets and debts acquired during the marriage.
The primary purpose
of mediation for couples who are in the process
of divorce is to help them reach a mutually beneficial agreement about the
division of their
assets and debt and, when they have children, develop a
fair and effective parenting plan.
Similarly, while Tennessee's property
division statute requires that marital property be divided «fairly and equitably,» Collaborative Divorce allows the parties also to run particular settlement ideas through the filter
of a neutral financial expert, who may have ideas about how to divide the estate in a way that is legally
fair and equitable, but that also minimizes tax liability or maximizes growth on retirement
assets, for example.
At Wohl Law and Mediation, PLLC, we have the knowledge and experience to guide you in disclosing all
of your
assets and debts, and in working to find the most
fair division.
The
division of the marital
assets acquired during a marriage, including marital debts according to what the court feels is
fair under the circumstances.
Alimony, child custody, child support, and a
fair division of community
assets (like who keeps the house or how your checking and savings accounts are divided) are matters that a divorce lawyer is trained to help determine.