Sentences with phrase «of property and debts»

Some couples decide to use divorce mediation to reach agreement on specific issues such as the division of property and debts or alimony.
Child custody, division of property and debts, and child and spousal support all need to be addressed.
This means the assignment of assets and the division of property and debts.
The mediation process gives you the opportunity to make your own agreement, including parenting plans, division of property and debts and financial support.
Typically, we are asked to help the parties with the entirety of their agreement: Parenting Plan, Child Support, Division of Property and Debts, and Spousal Support.
In a typical comprehensive divorce mediation, all of the statutory requirements are addressed: identification and division of property and debts, parenting plans, and child and / or spousal support.
The financial professional serves as a neutral repository of the spouses» financial information who helps the clients make informed decisions (think trust, but verify) on matters of family support and division of property and debts.
The agreement will cover all major separation decisions, including division of property and debts, co-parenting time and decision - making, child support, maintenance (alimony), retirement plan assets, and insurance coverage.
In Separate Support, a couple enters into a separation agreement, which defines each spouses rights and responsibilities, such as support, visitation, child custody and the division of property and debts.
Every divorce is different, but they generally all include similar issues: the division of property and debts, custody and visitation of children, support of children and support of a spouse (spousal maintenance).
If the parties can not agree upon a division of the community property and community debts, then the Court will make a division of that property and those debts.
All marital property and debts are distributed justly and equitably, but this does not always mean that there is an equal, 50/50 division of property and debts.
Pro se mediations through Family Diplomacy would typically average a total of less than $ 2,500, broken down as follows: $ 250 for the first 2 - hour session (which would deal with issues related to parenting); $ 500 for the second 2 - hour session (which would deal with division of property and debts and support); $ 500 for drafting the marital settlement agreement; $ 500 for drafting the remaining required documents (excluding the financial affidavits); $ 250 for a third session, which would last about an hour, to finalize all documents; and $ 408 for the court filing fee.
A neutral financial professional is oftentimes retained to cut down the costs of gathering and disclosing financial information and developing options for support as well as division of property and debts.
The terms of a divorce agreement should be memorialized in a «marital settlement agreement» («MSA»), which is a written contract between spouses that resolves most or all of the issues in their divorce, such as alimony, child custody, child support, and the division of property and debts.
The paper includes, as appendices, a sample clause for a retainer letter, a sample inventory of property and debts (Schedule 5), and a sample estate accounting financial statement.
your agreements regarding the division of property and debts, spousal support, child custody and child support.
The return on unlisted real estate investments depends on rental income, operating costs, changes in the value of properties and debt, movements in exchange rates, and transaction costs for property purchases.
In the traditional divorce process, countless depositions and hearings are held as each party conducts a fishing expedition into the other party's finances; in the collaborative process, the clients retain a joint neutral financial professional to ensure transparency, develop options for family support and division of property and debt, and help the clients transition into single life on a firmer financial footing.
Call the Law Office of Mark Werner at 480-283-0352, 602-234-3237, 623-561-7779 for information on division of property and debt in the Phoenix area.
In almost any Florida family law matter that involves financial issues, such as child support, alimony, division of property and debt, or attorney's fees, parties are required to exchange and file Florida Family Law Financial Affidavits.
Uncontested divorce is simply a divorce where both parties have come to agreements on all issues involved in a dissolution of marriage, such as child custody, child support, division of property and debt, and alimony.
Among the most common types of cases that a lawyer may handle include cases relating to child support, spousal support, custody, visitation, division of property and debt, and divorce.
Section 106 (4) says that the court can refuse to make orders for the division of property and debt.
Under s. 95 a court can order reapportionment to address any «significant unfairness» that may arise from an equal division of property and debt in light of the spouse's post-separation contribution.
As a result, my essential job as a family law lawyer was to help my clients work out: how the pool of property and debt accumulating during the relationship would be used and managed by the parties now that they were living apart; how the same financial inputs that existed before living apart would be allocated to maintain the family in two homes; and, how the same parenting resources and commitments the parties had while living together would be distributed and optimized now that they were living apart.
Lawyer prepares calculations of child support, spousal support and division of property and debt as necessary, using court - provided program and documents provided by parties, applying inferences stipulated in lawyer's direction in event disclosure is not made as required.
Lawyer prepares calculations of child support, spousal support and division of property and debt, as applicable, using court - provided program and information provided by parties orally, on oath or affirmation.
The program would then provide both parties with the results of its property and debt calculations, and, for each issue remaining in dispute, identify to each party any aspects of their positions that are close to or at the limits of the range of likely outcomes and offer each party the opportunity to amend his or her position in light of the new information.
The program would then compare any remaining areas of disagreement between the parties» positions — which should now be limited to the children's special expenses, arrangements the care of the children and the allotment of property and debt — and evaluate the extent of the parties» disagreement on each legal issue.
This is a form of private divorce where each party hires an attorney, and family issues such as child custody, child support, alimony, and division of property and debt are determined in the conference rooms of professionals rather than in the public courthouse.
For example, the typical divorce petition requests the court to enter orders relating to the division of property and debt, child custody and support, and alimony.
The Statement of Property and Debt and the Proposed Separation Agreement profiles the assets and liabilities of the couple and the division and distribution the Petitioner seeks.
If your divorce goes to trial and a judge decides issues of property and debt, most divorce decrees contain language relating to marital vehicles.
In the traditional divorce process, countless depositions and hearings are held as each party conducts a fishing expedition into the other party's finances; in the collaborative process, the clients retain a joint neutral financial professional to ensure transparency, develop options for family support and division of property and debt, and help the clients transition into single life on a firmer financial footing.
When people speak of being legally separated in New Jersey, they may be referring to the fact that they have entered into a written separation agreement governing custody and a parenting plan and support (and maybe even division of property and debt); or where, instead of having the marriage dissolved, the spouses filed for separate maintenance (a type of support proceeding in New Jersey that results in the entry of a support order but not dissolution of the marriage) or for divorce a mensa et thoro (divorce from bed and board) that allows the parties to live separately while still remaining married (which some spouses wish to do for religious reasons or, where the insurance plan allows it, to continue with health coverage through the other spouse).
We have practiced divorce and family law since 1997 and have helped thousands successfully navigate the complications of divorce and the division of property and debt.
Many married couples enter into a Separation Contract, a Separation Agreement and Property Settlement (SAPS), or obtain a Court Order that details rights and obligations regarding child support, child custody, spousal support, and division of property and debt.
Rather, for those cases that are tried (because they can't be settled) the judges must focus on establishing a parenting plan that the judge decides to be in the children's best interest, a support arrangement that is fair to both sides (without punishing either spouse), and a division of property and debt that is fair and equitable.
That depends mostly on how much fighting takes place as the spouses try to resolve by agreement the legal issues (custody; a parenting plan; support; and division of property and debt) that the judge must decide following a trial if the parties can not agree between themselves directly or through mediation or with the assistance of and negotiations through their lawyers.
Even if the marriage was invalid or void, for whatever reason, there still may be the need to enter orders related to custody / visitation, child support, division of property and debt, and any other relevant issues.
In almost any Florida family law matter that involves financial issues, such as child support, alimony, division of property and debt, or attorney's fees, parties are required to exchange and file Florida Family Law Financial Affidavits.
Our team will help you understand all of your available options and assist you in making informed decisions about all aspects of your divorce that could affect your tax liabilities, including the division of property and debt, child custody and support, and spousal support.
The firm's aggressive style of merchant building has proven costly, leaving Opus holding a large inventory of properties and debt with no exit strategy.
Selling the property under a short - sale will get you out of the property and the debt, but it will trigger your capital gain.

Not exact matches

This kind of debt has equity - like properties, so it should be treated as a hybrid investment and not simply as another bond, he explains.
Free Cash Flow - Net cash provided by operating activities less cash purchases of property and equipment, including proceeds related to beneficial interests in securitization transactions and less cash payments for debt prepayment of debt extinguishment costs.
China's economy expanded at a steady 6.7 % in the third quarter and looks set to hit Beijing's full - year target, fueled by stronger government spending, record bank lending and a red - hot property market that are adding to its growing pile of debt.
You don't have to sell your property, and you might have to pay back some of your debts only partially — depending on what you can afford, according to Nolo.
My wife and I lived in a pile of junk on a beautiful property for a dozen years before we were debt free and had the cash to tear it down and build our dream home.
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