Sentences with phrase «judge divide assets»

Not exact matches

With a pension valuation, you can judge the value of the pension relative to other assets and make better decisions on whether and how to divide it.

If your divorce proceeds to trial, a judge will be asked to divide assets and liabilities, determine whether alimony is appropriate, dictate a parenting plan to determine how and when a child will spend time with each parent, calculate child support, dissolve the bonds of marriage, and make other personal and private decisions.

Couples who do not agree on how to divide assets and debts go to court, and ask a judge for a decision

Equitable Distribution is the process by which the judge will allocate and divide the marital assets and liabilities between you and your spouse.

Judges consider several factors in deciding how to divide assets and debts, including the length of the marriage, the contributions of each party to the relationship, and the financial circumstances of each party.

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.

During your divorce, one of the most important steps is the discovery process — the mandatory and formal exchange of information and records by the parties where they disclose their assets and obligations so that the parties or a judge can decide how the community property will be divided.

Michigan is an equitable distribution state, but judges typically divide assets fairly evenly.

Divorce laws in Texas are complicated by the fact that, technically, it is a community property state, but in reality, judges have discretion in dividing marital assets.

When and if the case moves on to litigation, judges are faced with tough dilemmas in divorce cases, where they have to sometimes make Solomon - like decisions in child custody cases, or surgically and unemotionally divide the equities and split the assets of a couple without an understanding of what is really emotionally crucial to whom.

You can always try mediation and see if your spouse will cave on this (mediation is a better way to handle property division in a divorce, but if a judge gets to make the decision in your divorce in Nevada, the assets will be divided equally between the two of you.

When a couple gets divorced, a Wyoming judge has the difficult task of ensuring that the marital assets are divided fairly.

Couples in Oregon can avoid having a judge make decisions for them by reaching their own agreement on how to divide their assets and debts either with or without the help of a mediator.

Oregon statutes serve as the guidelines judges use when dividing assets and debts between the spouses.

I discuss the litigation option, where the parties battle it out in a courtroom and let a judge decide how to divide their assets and raise their children.

Though not all Florida judges are willing to dissolve marriages of same sex couples, it is still important for separating gay and lesbian partners and spouses to settle child custody issues, divide their assets and debts, and prepare for for the transition from being together to being single.

The judge will decide on the fairest way to divide the assets if there are enough assets to meet everyone's needs.

It is an equitable distribution state, so all assets are divided between spouses in a way the judge deems fair.

The judge looks at the following criteria when it comes to dividing assets: the age of the spouses, their future earning capacities, the duration of the marriage, the history of the property, the tax consequences of a forced sale, family ties and obligations, and an allowance for alimony.

When the court issues a judgment of absolute divorce, the judge will divide your marital assets according to the principals of equitable distribution.

For example, if retirement assets (pensions, profit - sharing plans, 401 (k) plans, or other tax - deferred retirement - type plans) are involved in your case, a special court order called a QDRO (Qualfied Domestic Relations Order) or a DRO (Domestic Relations Order) or a similar type of court order dividing retirement plan interests must be prepared, approved by the retirement plan administrator, signed and filed by the judge, served on the retirement plan administrator and then implemented by that plan administrator.

Unlike in community property states — where courts evenly divide the assets acquired during a marriage — equitable distribution laws give a great deal of latitude to judges to decide what is «fair.»

If you must go to trial where a judge will divide marital property for you, the law protects these assets.

The judge will listen to the information and divide the assets in a way that he or she deems equitable for both parties.

Judges tend to divide assets 50 - 50, and do what's in the best interests of the child using their criteria, not yours.

You and your spouse know what is best for you (and your children), and mediation offers you more control over your future — rather than being told by a judge how to divide your assets, or how to co-parent your children.

While a judge can readily determine some issues such as child support, how to equitably divide your assets and debts may take some negotiations back and forth between you and your spouse.

A mediator will give you all the information need on Massachusetts divorce law, on your custody options, ways you can equitably divide your marital assets, and how to craft a separation agreement that will be approved by the judge and will serve your family's needs.