Sentences with phrase «of a property settlement»

Besides a parenting plan, parents will also need to work out a financial arrangement and property division as part of a property settlement agreement.
This buy - out may occur as part of a property settlement that favors the party seeking maintenance.
If you want the court to include the terms of your property settlement agreement in a divorce judgment or decree, a judge must typically approve and sign off on it.
Sometimes former spouses try to use bankruptcy to get around living up to the demands of a property settlement agreement.
Once we have the draft of your Property Settlement Agreement, developed through and resulting from our mediation sessions, you then come to our office and read the draft.
To ensure the fairness of a property settlement agreement, it's critical that ALL of a couple's assets be identified and valued prior to the property division mediation.
In negotiation a marital settlement, divorcing spouses must clearly distinguish between payments that are part of a property settlement and those that are alimony.
Typically, the terms of your property settlement agreement or judgment for separate maintenance will carry over into your divorce judgment.
Massachusetts also allows couples to make prenuptial agreements, which set out the terms and conditions of a property settlement in the event of a divorce.
Deferred compensation refers to pension plans, 401K plans, IRAs and other retirement assets.Such plans are divisible as part of a property settlement in divorce regardless of which party is named on the plan.
Domestic Relations Order - Any judgment, decree, or order (including approval of a property settlement agreement) that (1) provides child support, alimony payments, or marital property rights to a spouse, former spouse, child, or other dependent of a participant, and (2) is made pursuant to a state's domestic relations law (including a community property law).
Incorporation vs. Merger of Property Settlement Agreement (PSA) with Decree: The basis for the Arizona Court of Appeals» decision to affirm the decision made by the trial court to decrease spousal maintenance was based on the fact that the PSA was incorporated into the decree; not merged.
These factors become part of the analysis of property settlements, at which point a judge may deviate from 50/50 distribution of marital property.
On the transactional side, we serve as consultants to law and accounting firms to provide tax counsel regarding matters as varied as, for example, business succession plan structures, corporate mergers, acquisitions and reorganizations, and tax - efficient structuring of property settlement agreements upon divorce.
Clearly, a significant percentage of this property settlement was liquid assets which were available to [the defendant], and upon which investment income was available and expected.»
I wish to file an enforcement petition against my ex-spouse for breaching the court's decree with regards to payment of property settlement.
(4) by failing to properly consider the impact of the property settlement on the spousal support issue; and
Ownership right to the policy may be transferred as a portion of property settlement or alimony payments.
• Prepared a settlement agreement that engendered resolution of a $ 50,000 construction case between the contractor and the owner of the property
Adverse but unforeseen tax consequences as a resuolt of property settlement are not usually grounds for remedy through modification.
In order to have a clear understanding of whose financials I need to collect, I need the following information: Property Appraiser sheet, a copy of the last recorded Deed, a copy of the Property Settlement and Judgment of Divorce.
Caution should be taken to assure that any credit taken is for maintenance and not for periodic payments as the result of a property settlement.
A mediated divorce happens when the spouses use a trained neutral mediator to help them reach agreements on the terms and conditions of property settlement, child custody and visitation.
Debts which one was orderd to pay as part of the property settlement in a divorce can be discharged
The custody arrangement (which is usually part of your Property Settlement Agreement) will then be incorporated into the Judgment and become a legally binding document.
Special rules apply in situations where the property has been transferred between spouses or common - law partners as part of a property settlement or where the couple is separated when the property is sold to a third party.
No such deduction is given for amounts paid by an obligor as the result of a property settlement, although that is a factor the court may wish to consider in determining the obligor's ability to pay the scheduled amount of support at the present time.
Other liabilities must be negotiated as part of the property settlement agreement and may require no spouse indemnifying the other.
In the nine community property states, half the money in a joint account belongs to each spouse — and each spouse is generally entitled to reimbursement of his half as part of the property settlement.
The recipient of a property settlement has some protection in the event of bankruptcy by the payor spouse, but the terms and conditions of property settlement agreement defining alimony must be clear and lucid.
Although it may be many years before you are able to access superannuation, it is important to consider it as part of your property settlement.
Spousal support is not part of the property settlement.
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