Sentences with phrase «more marital assets»

Couples who are older in age and who have been married for a long period of time accumulate more marital assets and liabilities and higher incomes.

For example, the court may award one spouse more marital assets, but the court may also assign to that same spouse more of the marital debt in order to be fair.

Not exact matches

The longer people are married the more their assets fall into the «marital asset category» allowing spouses to accrue significant benefits by marital longevity.

For its part, the divorce has left the North poor and bitter, having lost a good chunk of the marital assets in the separation, namely the oil fields just south of the border and more than a third of its revenue.

They'll investigate your credit history, employment and marital status, history of bankruptcies, other mortgages, outstanding loans, assets, business licenses, and more.

The purpose of an A-B trust arrangement (also called a «marital and bypass trust combination») is to enable both spouses to use the applicable estate tax exemption upon their deaths, which shelters more assets from federal estate taxes.

While the two were married, both made substantial contributions to the acquisition of marital assets, though husband's contributions were more financial while wife's were more non-economic.

Additional Resources: Splitting up retirement assets in a divorce, Sept. 13, 2013, Bankrate.com More Blog Entries: In re: Marriage of Honer — Valuation of Marital Assets, June 18, 2015, Indiana Divorce Lawyeassets in a divorce, Sept. 13, 2013, Bankrate.com More Blog Entries: In re: Marriage of Honer — Valuation of Marital Assets, June 18, 2015, Indiana Divorce LawyeAssets, June 18, 2015, Indiana Divorce Lawyer Blog

In short, if the domestic violence resulted in an unreasonable depletion of marital assets, then the spouse who suffered the domestic violence might be awarded more of the marital assets, despite the fact that California is a community property state.

Asset division also becomes more complex and confusing if the spouses do not know what makes up their marital and personal assets and debts, income and expenses.

His attorney argued more broadly that medical expenses should be deemed marital assets when they are «clearly cosmetic, elective, (and) non-necessary.»

Our Divorce Lawyers are skilled and possess years of experience in matters pertaining to Divorce, Paternity actions, Marital assets, and more.

The more entangled your personal assets are with your business assets, the tougher it's going to be to argue the business isn't a marital asset.

During divorce, forensic (or investigative) accounting professionals can trace the paper - trail of funds through the various accounts of the marriage, determine the actual income of the family, verify claims of «co-mingling» marital and separate assets, or determine the validity of a potential claim for dissipation of marital assets (see «Dissipation Issues,» below, for more on this topic).

Now, for whatever reason, you want to modify that agreement to get more of the marital assets.

Therefore, the more effective you are in explaining to the court why your proposal for dividing marital assets is the fairest option is critical.

This differs from states that split marital property 50/50 upon divorce and relies more on factors relevant to both spouses when dividing assets and liabilities.

In Texas, you may be entitled to a greater share of the marital assets and a more beneficial custody order if your...

If there are any near - term issues that need to be resolved (such as an agreement to «freeze» the marital assets while discussions are under way), those issues can be put on the front burner in the mediation and resolved before more global issues are addressed.

Thereafter, once the parties scrape up some money to pay up the mediator's bill, then the legal issues may have changed, and the richer spouse has had more time to hide or dissipate the marital assets.

If your intention is to own your marital residence in your name alone, you may need to give your spouse more assets such as cash and retirement accounts.

However, courts may award one spouse more of the marital estate, depending on the contribution each spouse made to the property's acquisition, if the property was acquired before marriage or through gift or inheritance, the economic circumstances of each spouse (if one spouse squandered community assets during marriage), and the current income and earning potential of each spouse.

There is now a more pronounced statutory burden of proof required if there is a claim that assets acquired during the marriage should not be marital assets.

Their concern is that the great disparity in power between the more powerful, income - producing husband and the less powerful, care taking wife results in the husband winning a greater share of the marital assets.

Courts now view the marriage as an economic unit, and in general courts are more concerned about economic misconduct — such as the dissipation of marital assets — than they are about marital misconduct — such as infidelity.

The divorce costs over $ 80,000 and drags on for more than 4 years during which time both parties have liquidated a significant portion of the marital assets, and have struggled to move forward in their respective personal lives.

Mediation, feminists assume, does not affect the existing power imbalance between men and women members of divorcing couples, with the result that the more powerful male spouse typically wins more than an equal share of the marital assets.

Even though it's called a Property Settlement Agreement, this agreement covers much more than the division of property or equitable distribution of property — it's also about child custody, parenting time, division of assets (including personal property, real estate such as the marital home, retirement assets and pensions, and businesses), alimony, and any other additional issues that must be determined in furtherance of divorce or dissolution of marriage.

Being open, honest, and cooperative about the marital assets and liabilities makes this part of the divorce go more smoothly.

As a result, Larry and Divorce Resolutions ® are frequently asked to assist in Colorado divorces involving very substantial assets and marital estates with more complex property division, maintenance planning, and retirement division issues.

Allocating more of the marital assets to the spouse releasing their rights to the home can be a way of doing this.