Sentences with phrase «marital debt includes»

Not exact matches

Separation agreements can address a number of issues, including division of property, allotment of marital debt, and payment or waiver of spousal support.

When a divorce is filed and granted in New York State as an «Uncontested Divorce» it means that the parties to the divorce (the husband and wife, or both spouses in a same - sex marriage), have signed their applicable divorce papers that were filed in court, to indicate that they both agree to all of the terms of their divorce, including: the equitable division of their joint marital property (assets and debts) and the payment or waiver of spousal support.

Marital property includes most assets and debts a couple acquires during marriage.

(h) That the relocation is sought in good faith and the extent to which the objecting parent has fulfilled his or her financial obligations to the parent or other person seeking relocation, including child support, spousal support, and marital property and marital debt obligations.

Marital liabilities are also equitably distributed between spouses and can include mortgages, credit card debts and medical bills.

The settlement agreement must address all relevant issues, which can include division of assets and debt, issues relating to children, who will maintain the marital residence and so forth.

These debts can include a mortgage on the marital home, car loans, etc..

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.

The marital separation agreement often includes decisions such as the division of property and other assets, alimony or maintenance payments, debt division, and which spouse is allowed to live in the family home.

Your divorce settlement, or marital settlement agreement, will contain the complete terms of your divorce on every issue — including division of property, division of debt, custody, and support.

Marital property includes all personal and real property, assets and debts obtained during the marriage.

As you go through the divorce process, you and your spouse will work to divide all marital property, including debts,...

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.

This may include custody of the children, child support, visitation, division of the marital property, health insurance, debts, retirement, and any other issues that have arisen as a result of the marriage.

Major financial issues that arise from divorce include child support, spousal support and the distribution of marital assets and debt.

Include a provision that a spouse who files for bankruptcy agrees to notify the other spouse of the bankruptcy filing within a certain period of time, such as 10 days, to give the nonfiling spouse the opportunity to contest the discharge of marital debts in bankruptcy.

The court determines how to divide property by evaluating several key factors, which include the needs of each spouse, the standard of living of the parties during the marriage, each spouse's age as well as health and earning capacity, any established custody arrangement, each spouse's contribution to the marriage and marital assets, and the income, assets and debts of each spouse.

A detailed settlement agreement will typically include a parenting plan, itemized list of marital assets and debts, and a distribution plan for those assets and debts.

When the court divides property, it considers such factors as the length of the marriage, any prior marriages, the ages, health, lifestyle and income potential of each spouse, each spouse's separate estate and debts, whether one spouse assisted in the education or training of the other and contributions to the marital property including the contributions of a homemaker.

You must attach a written separation agreement that documents the terms of your divorce, including how you and your spouse plan to divide marital property, debts and child custody.

You should negotiate a written agreement that covers financial and personal issues, including marital assets, debts, financial support and child custody.

Along with dividing your marital property, look at your debts, including your mortgage, credit cards and auto loans and decide who will make the payments throughout the separation and divorce.

A divorce is uncontested if both spouses agree to the divorce and are in complete agreement about dividing the marital property (which includes assets and debts), the custody and support for any children, and whether one spouse pays alimony to the other.

The practice includes, but is not limited to, divorce, custody, parenting time (formerly called «visitation»), alimony, child support, equitable distribution of marital property and debt, post-divorce disputes (i.e., custody / parenting time, alimony and child support modification and enforcement), domestic violence, DYFS cases, adoptions, and applications to relocate children from New Jersey incident to or after separation or divorce.

Recognized by SJ Magazine as a «Top Attorney» for many years, one of SJ Magazine's 2015 Men of Distinction, and as an Awesome Attorney by South Jersey Magazine, Bruce has over 25 years of experience handling all types of family law matters including but not limited to divorce (including complex divorce litigation), custody and parenting time (visitation), child support, alimony / spousal support, adoption, domestic violence, equitable distribution of marital property, equitable allocation of marital debt, child abuse and neglect (formerly DYFS) matters, same sex Civil Unions and Domestic Partnerships.

The fourth item it to look at your marital debt, this would include a mortgage, loans, credit card debt.

It states the relief the petitioner seeks, which may include custody of children, child support, division of assets and debts, rights to any marital property and anything desired in the separation.

Jack has experience handling all types of family law matters, including but not limited to divorce, custody and parenting time (visitation), child support, alimony and spousal support, domestic violence, equitable distribution of marital property, equitable allocation of marital debt, and child abuse and neglect (DCP&P, formerly DYFS) matters.

Bruce P. Matez has over 20 years of experience handling all types of family law matters including but not limited to divorce (including complex divorce litigation), custody and parenting time (visitation), child support, alimony / spousal support, adoption, domestic violence, equitable distribution of marital property, equitable allocation of marital debt, DYFS matters, same sex Civil Unions and Domestic Partnerships.

The marital settlement agreement for divorce or separation can include a variety of terms, which pertain to topics such as property, accounts, debts, child support, child welfare, personal welfare, alimony, and all other aspects of one's interpersonal or financial circumstances.

Bruce has over 24 years of experience handling all types of family law matters including but not limited to divorce (including complex divorce litigation), custody and parenting time (visitation), child support, alimony / spousal support, adoption, domestic violence, equitable distribution of marital property, equitable allocation of marital debt, child abuse and neglect (formerly DYFS) matters, same sex Civil Unions and Domestic Partnerships.

Marital property includes most assets and debts a couple acquires during marriage.

Recognized by SJ Magazine as a «Top Attorney» for many years, as one of the «Super Lawyers» by Thomson Reuters, and as an Awesome Attorney by South Jersey Magazine, Bruce has over 26 years of experience handling all types of family law matters including but not limited to divorce (including complex divorce litigation), custody and parenting time (visitation), child support, alimony / spousal support, adoption, domestic violence, equitable distribution of marital property, equitable allocation of marital debt, child abuse and neglect (formerly DYFS) matters, and same sex Civil Unions and Domestic Partnerships.

Recognized by SJ Magazine as a «Top Attorney» and «Awesome Attorney» by local publications for many years, Bruce has over 28 years of experience handling all types of family law matters including but not limited to divorce, custody and parenting time, child support, alimony, equitable distribution of marital property, equitable allocation of marital debt, child abuse and neglect matters, adoption, domestic violence and more.

Our two - partner law firm focuses exclusively on family law matters that include relocation, child custody and parenting time, modifying an original divorce decree, equitable division of marital property and debt and support matters.

Since Washington is a community property state with specific rules about the division of assets acquired by either partner during a marriage, dividing up your marital property (including debts) will also be required as a part of that process, just like in a divorce.

Only marital property is divided between the spouses and typically includes, all income during the marriage and everything acquired with that income, plus all debts accumulated during the marriage.

The division of the marital assets acquired during a marriage, including marital debts according to what the court feels is fair under the circumstances.

The portion of the marital estate — including property and debt — that you receive during the proceedings will likely have tax implications.

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.

Other divorce financials that must be addressed in mediation include alimony requests and the division of marital property and debts.