Sentences with phrase «for division of marital assets»

Draft a proposal for the division of marital assets and debts and an agreement regarding child support, custody and visitation, if you have children.

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.

Not exact matches

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».

The Division of Assets is responsible in a divorce case for dividing all marital property between the parties to the extent that the parties can not do themselves.

Where one takes over child - rearing responsibilities that would otherwise have to be paid for or shared by a spouse, he or she is still seen as contributing to the family's economic well - being, and this may have an effect on family asset division in the case of marital breakdown.

There are several steps that must happen for the effective division of marital assets.

When valuing a business for purposes of division upon divorce, all states agree that the hard assets and liabilities of the business are marital property.

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.

The most common issues addressed are custody and parenting time for your children, support for the children and / or spouse, equitable distribution of the marital assets, and division of marital debt.

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.

For a reasonable additional cost, clients may also opt to work with our affiliated financial planners who will help them to visualize the future value of the net assets they take with them in their settlement as well as assist them in providing sound financial advice for the most sensible marital asset division scenariFor a reasonable additional cost, clients may also opt to work with our affiliated financial planners who will help them to visualize the future value of the net assets they take with them in their settlement as well as assist them in providing sound financial advice for the most sensible marital asset division scenarifor the most sensible marital asset division scenarios.

As a result, there are a number of issues that can affect the division of marital property and whether or not certain assets are exempt from consideration for division.

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.

It describes the agreements you have reached regarding alimony, health insurance, taxes, the division of marital assets and debt, child support, child custody, parenting time, child tax credit, payment for children's activities, and payment of college tuition for marital children.

In divorce and child custody cases, the contested issues vary depending on the parties» unique circumstances, but generally they concern with whom the children will reside (physical custody), who will make decisions concerning their religious and educational upbringing, medical care and treatment, and extracurricular activities (legal custody), how the assets and debts of the parties will be divided (equitable division of the marital property), and what kind of spousal support, if any, is to be paid by one party for the support of the other spouse.