Sentences with phrase «marital property items»

Not exact matches

Every single item of marital property and every portion of hybrid property that is marital is going to be divided by the Virginia courts if the parties are not able to resolve any issues such as property division.

Marital property includes most items of property acquired by either spouse during the marriage without regard to whether the title is in the name or one or both spouses.

After determining which property is marital property, the couple, or the court, will assign a monetary value to each item so that it's clear how much value each spouse is getting in a proposed division.

After determining which property is marital property, the couple, or the court, will assign a monetary value to each item.

In order to divide property, the court must characterize any disputed item of property as marital or separate, and evaluate the property's value, usually using information provided by the spouses.

Mr. Reiss started his separation with actions that would get any South Carolina husband in trouble with the family court: leaving his wife for another woman; removing items from the marital home while his wife was undergoing cancer treatment; surreptitiously selling marital real estate; transferring title to marital property to his girlfriend.

Marital property is everything acquired during your marriage by either spouse, except for items considered to be separate property, such as property owned before the marriage and property acquired by gift or inheritance.

Spouses will need to bring current statements of all marital assets and debts, as well as copies of tax returns for the previous three years, paystubs, W - 2's, any appraisals of properties or businesses, as well as other specific items.

You and your spouse may file a marital settlement agreement during the divorce process if you have property and debts to divide and agree on how to split these items.

The family home and vehicles are common examples of marital property, since these items are usually purchased after a couple marries.

Marital property generally includes all items obtained during the marriage, regardless of whose name is on the title.

Community property consists of marital assets obtained during the marriage, for example, wages and items purchased using marital funds, such as the marital home.

Anything acquired during the marriage with marital funds is marital property — even if only one spouse used the item.