Sentences with phrase «part of a property settlement»

Debts which one was orderd to pay as part of the property settlement in a divorce can be discharged

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.

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.

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.

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.

Not exact matches

Sportsman's Park was part of the Caroline Martin Mitchell donation to the city in 1936 that included the property that is the city's popular Naper Settlement living history museum and the two - story Victorian mansion that is the settlement's ceSettlement living history museum and the two - story Victorian mansion that is the settlement's cesettlement's centerpiece.

In a press release on April 11, Schneiderman announced that $ 20 million of funds from settlements with Goldman Sachs and Morgan Stanley would be used «to provide local governments with innovative technology to address and transform problem properties — including homes and buildings that are blighted, poorly maintained, vacant, abandoned, and in financial distress — that fell into disrepair following the foreclosure crisis,» as part of a program called Cities for Responsible Investment and Strategic Enforcement, or Cities RISE.

This rule means you have to look carefully at the tax basis of property that may be part of a settlement.

Ms. Townsend reports that as part of the settlement, Pfizer made cash offers to over 300 other dog owners across the country to settle claims for death or injury to the dog, veterinary expenses, property damage, emotional distress and punitive damages.

BC Personal Injury Settlement Excluded Property explain to our clients that the division of a personal injury award depends on what parts of the award are at issue in a separation.

As well, I can not conclude that there should be an unequal division of family property merely because of the inability of the Claimant to show that part of the Settlement probably relates to damages other than compensation for «lost income».

Whether as part of a large law firm practice or in corporate legal departments, each of us has worked in depth with the issues relating to life insurance, annuities, property and casualty, life settlements and premium finance, financial guaranty, title and healthcare lines.

A separation agreement typically is a settlement of some or all of the issues part of the divorce that may follow that separation and can include resolution of property rights, debts, spousal support, child support, custody and visitation, and a handful of other issues.

These factors become part of the analysis of property settlements, at which point a judge may deviate from 50/50 distribution of marital property.

Furthermore, services — including all five means of transport services -, public procurement, intellectual property, sustainable development, and competition are also covered by the EU's external competences, as well as those parts of the EUSFTA's chapters on dispute settlement between the parties and transparency that do not relate to areas of shared competence.

2011)-- This appeal also arose out of a putative class action alleging a failure to pay general contractor overhead and profit as a part of the settlement of property insurance claims.

A settlement agreement's provisions regarding spousal support is always nonmodifiable if: (1) it is actually a disguised property division; (2) it is contractual lump sum alimony; (3) it is part of an integrated bargain.

Viola and Gary Anderson entered into a mediated property settlement agreement as a part of their divorce.

In the case of Stanford & Stanford (2012) 247 CLR 108 the High Court held that property settlements are concerned with the alteration of «parties» existing current legal and equitable interests in the property» and therefore, add backs should not form part of the property pool because the parties no longer have an existing interest in that specific asset.

For instance, Quitclaim Deeds are common when real estate is conveyed through a Will or as a gift, when property is placed in a trust, or to distribute property as part of a divorce settlement.

Many insurance companies will immediately call you to attempt to obtain a settlement for the property damage part of your case.

This case concerns whether a financial order agreed as part of a divorce settlement regarding property can be varied under the Matrimonial Causes Act 1973, s 24 on the basis that the financial order essentially created an order for sale.

In it's 65 - paragraph judgment, the ONCA overturned the trial judge's decision, finding that structured settlement annuity payments should be considered as income for the purposes of spousal support, and not property under Part 1 of the Family Law Act.

Expect property taxes, homeowners insurance, and lender's costs to be part of your settlement - day tab.

Dennis has agreed to get a term insurance policy as part of our divorce and list only me as beneficiary as long as I pay the premium as part of security in our settlement since he is financing the property payout through myself, using me as his «bank».

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The court may award either party the right to claim children of the marriage as a dependency exemption, but this is considered as part of the child support calculation, not the property settlement.

Another option is to pay off the loan as part of your divorce property settlement.

However, as part of your divorce settlement process — and dependent on the division of property regulations in your state — you might want to show that the property has gained value over your marriage, perhaps due to improvements you made to it with marital funds.

But, when not merged in the divorce judgment, the property settlement agreement may only be enforced by resort to the usual contract remedies and not as part of the divorce judgment.»

They also recognize the advantages of working with a neutral financial professional such as a Certified Financial Planner or Certified Divorce Analyst, especially when there are important assets or property involved as part of the financial settlement.

This exception also applies to a property settlement agreed on before the divorce if it was made part of or approved by the decree.

(3) A court must, on the application of the proceeds of crime authority, stay de facto property settlement or maintenance proceedings under this Part if the property of the parties to the de facto relationship or either of them is covered by:

Collaborative coaches, child specialist and financial specialists are part of the settlement team to help both spouses resolve child - related decisions and complex financial issues related to taxes, budgeting, and property settlements.

Transfer part of the value of the property from one partner to the other as part of the financial settlement.

The effect of child support regulations will mean that when couples part and seek legal settlement of their property and financial affairs, the pressure will be intensified for an order, either for the sale of the former matrimonial home or its transfer to the absent parent in return for a lump sum payment to the caring parent.

There are some parts of a separation agreement and property settlement agreement that may need to be recorded with the Register of Deeds.

The court noted that the settlement was reasonable, particularly since the defendants extracted additional lands (part of the plaintiff's property).

Long & Foster Real Estate is part of The Long & Foster Companies, which include Prosperity Home Mortgage, Long & Foster Insurance, Long & Foster Settlement Services, a corporate relocation services division and one of the largest property management firms in the United States.

Although not a specific part of the price setting process, concerns about the amount of profit realized from the sale, tax regulations regarding the sale of property, and settlement or closing costs should be addressed.

If your property is part of an estate, if there is a deceased person on title or if you will need a Power of Attorney for settlement, please contact the title company immediately.

Last Update: 02/10/16 On August 1, 2015, closings will be different here because of changes in federal law and replacement of HUD - 1 Form As part of any closing on residential real estate (homes, condos, townhouses, vacation property, etc.) federal law requires that buyers and sellers receive as part of their Closing Documents a «HUD - 1 Settlement -LSB-...]