Sentences with phrase «how property and debts»

In such agreements, spouses typically outline how property and debts will be divided, amount and duration of any spousal maintenance, and a parenting plan outlining custody and visitation obligations if there are children of the marriage.

Depending on the circumstances, the departure of one or more members of a polyamorous family may result in disagreements about: where children will live, how parenting decisions will be made and how much time the children will have with whom; whether child support must be paid, and if so who must pay it; whether a person is entitled to spousal support, and if so who is responsible for paying it; and how property and debt will be distributed, and whether an individual is entitled to an interest in property owned only by other family members.

Not exact matches

-- If you had no debt, how much income would you need for basics, insurance, travel, entertainment, and property taxes?

just reading around and all if not most rags are saying our net spend is # 46 million how can they tell that when they do nt even know what our real budget is if it was # 100 million then we are in profit by quite a bit i do nt really know what they base there assumptions on this is where you could do with swiss ramble to dissect what really was spent from what i could see most of our 5 transfers were covered by out goings and c / l monies earned debuchy - vela deal, chambers - vermalen deal, ospina - cesc and miquel deals sanchez c / l monies and other monies recovered from wages and old installment based deals this is the same with welbeck i would imagine if not then poldolski will be sold in jan to cover this as i think he was going to be sold and this would have covered welbecks transfer more or less also and people do nt always realize that arsenal have money coming in from more than one source to cover transfers not just puma and emirates deals we have property arm of the club which makes money for transfers also outstanding debts we are owed of old transfers we receive each year on song cesc maybe van persie and all other structured deals in installment payments sales we just flogged miquel as an example and all the monies from released wages and youths sold its a bit to complex to just say we have a net spend of xyz when arsenal do nt even make the budget public so they have no starting point from which to go from i bet you we have broke even or even made a slight profit as we are self sustaining it would make sense that we can break even or at least make the net spend under # 10 million each year at least screw then all we are the arsenal we do thing our way

Martins and Curran differ on how to fix Nassau's often error - prone property tax assessment system, which is responsible for about a third of the county's total debt.

You should plan to tackle necessary plans for your emergency fund, retirement fund, and debt repayment first, then determine how much you can spend on other goals, like travel and a down payment for property.

Just as you did when you first took out your home loan, you'll need to meet credit qualifications and satisfy debt - to - income ratio tests, and the home must be appraised to determine how much equity is in the property.

Before we get into how Chapter 7 bankruptcy will help you keep your property and pay pennies on the dollar for your debt, you'll want to know if you're eligible to file for this chapter of bankruptcy protection.

Because I believe credit repair should be approached from a holistic perspective, you'll also obtain courses on budgeting, eliminating debts, how to negotiate settlement on your debts, how to build business credit, purchase your first investment property, pay off your student loans and More!

Mortgage applications ask you to list all debts and how much you spend each month on everything from rent or your current mortgage (plus hazard insurance, property taxes, mortgage insurance, homeowners association dues and home equity loans or lines of credit) to credit cards, car loans, student loans, child support and alimony.

This ratio helps you determine how much of your property is actually yours (if you took out a mortgage to finance it) and how much you owe in debt.

However, more debt means more risk and servicing (making payments on) that debt becomes an obligation regardless of how the property itself is performing.

This is settled based on how much debts you have on the property and its appraised price.

How much you can ultimately borrow depends, of course, on your assets, your credit score and the value of the property you're interested in buying (for further information, see Too Much Debt for a Mortgage?).

Recently I have been doing research into how to make the most of this investment and everyone preaches to leverage your debt to release equity to purchase more property.

They also need to have a good idea of their debts and assets, including RRSPs, TFSAs, property and other investments and how those should be divided.

They just look at the property's loan - to - value and debt coverage ratio, meaning how much does the net operating income exceed the monthly principle and interest payment.»

BC's new Family Law Act and how it impacts excluded property placed in joint names or used to buy, renovate or pay down debt on jointly owned properties remains in legal turmoil.

It is true that prenuptial agreements are a great tool for discussing how to later divide assets and debts that each has brought into the marriage and other property that they may foster together.

The agreement is a contract in which the couple spells out how they want their assets, debts, property, and finances divided if they divorce.

The issues surrounding divorce and how a couple's assets, property, and debts are to be handled and divided can be quite trying and complex to resolve.

Even though the divorce will be uncontested if your spouse doesn't answer, it's better if the two of you sign a written settlement agreement detailing how you want your property and debts divided and what your arrangement will be for custody and visitation for your children.

A lawyer can walk you through the process and explain how much of your property will be exempt when you file for bankruptcy, as well as how much of your debt can be discharged.

Divorce is never easy, but you and your spouse have both agreed to this divorce and you've reached an agreement on how to divide your property, accounts, debts, and / or child custody.

Some couples are able to agree on how to divide all property and debts, in a Marital Settlement Agreement.

If the couple can't agree on how to divide property and debts, a judge will decide.

The Marital Settlement Agreement describes how you and your spouse have agreed to divide property and debts and whether one of you will pay spousal support, and if so, how much.

A local lawyer can also explain how Chapter 13 bankruptcy was designed to stop foreclosure and protect property while getting debtors on interest - free debt repayment plans.

If the couple can't agree on how to divide property and debts, a judge will decide, taking into account all of the circumstances of the case.

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.

A separation agreement often deals with how property (and debts) will be divided between the spouses, spousal support, child custody, child access and child support.

On the other hand, if you and your spouse are preparing to end your relationship and you can agree on how you want to deal with such matters as property division, debt resolution, and child and spousal support without going to court, a separation agreement will ensure your new arrangements are clearly documented.

One of the biggest mistakes in family law is how people only focus on dividing property and not debt or the tax consequences that follow from property division.

Ideally, you and your spouse will decide together how you want to divide the marital property — you'll have to decide things like whether one of you will keep the family home and buy out the other spouse's interest or whether you'll sell the house; who will keep the furniture and other tangible property; how you'll divide retirement assets that each of you has accrued through your work; and how to deal with marital debts.

If you're going through a divorce, you have to make decisions about how to divide your property and the debts.

If the couple can't agree on how to divide property and debts, a judge will decide, taking into account each spouse's:

Prenuptial agreements may determine which property and debts should be divided upon divorce, which property should be excluded, which property should be excluded from the probate estate when one of the spouses dies, whether alimony should be paid upon divorce or separation and if so, how much and how long.

As a result, my essential job as a family law lawyer was to help my clients work out: how the pool of property and debt accumulating during the relationship would be used and managed by the parties now that they were living apart; how the same financial inputs that existed before living apart would be allocated to maintain the family in two homes; and, how the same parenting resources and commitments the parties had while living together would be distributed and optimized now that they were living apart.

Are you figuring out how to divide your marital property and debts in a divorce?

It should also look at how property was acquired, the length of the marriage, and any debts and liabilities.

Instead, you file court forms and a «marital settlement agreement» that details the agreements you've made about how you want to divide your property and debts, what your custody arrangements for your children will be, and whether support payments will change hands.

How marital assets and debts are divided in order to come up with a viable property settlement agreement can be one of the most contentious issues in divorce proceedings.

In 2015, ten states (and Puerto Rico) have community property laws that determine how debt and property are divided in a divorce.

The Judge also determines what he or she thinks ought to be included with the marital property to be divided, the value of those assets, and how the assets (and debts) will be allocated as between the parties.

If the spouses can not agree how to divide property and debts, they will proceed with a contested divorce, and eventually the court apportions these things equally.

Most important, you must have an agreement between you as to how you're going to divide your property and debts; you can not have any children and both you and your spouse must waive alimony and your right to appeal any part of your divorce agreement.

This agreement details how everything from the marriage will be split, including real estate, property, assets and debt.

Additionally, a separation agreement should typically discuss who is living in the marital residence and how the couple is handling debts, assets and shared property during the separation.

If you feel that a Joint Petition divorce is a good option for your but feel uncertain about how to divide your debts and property, or if you have children with your spouse and want to know what's appropriate as far as child support and visitation, consider Collaborative Divorce.

Many factors are looked at in determining how to divide your property and your debt fairly and equitably.