Sentences with phrase «party as an inheritance»

Also, any financial or other assets that you received from a third party as an inheritance or gift is your separate property.

Not exact matches

Becoming part of a church community gives you a group of people to hang out with who don't have a vested interest at cross purposes to your own, such as career, inheritance, love of some third party.

[108] There is evidence of this commitment to cutting the state in his party's manifesto, with Osborne and the Conservatives seeking to cut the deficit «faster and deeper» than any other main party as well as committing to various tax cuts such as inheritance tax and national insurance.

Just as the Party Leadership seized the initiative at our Blackpool Conference offering enterprising policies on issues such as inheritance tax, in the Welsh Assembly under Nick Bourne's leadership we are capitalising on our new platform as the Official Opposition — putting ideas before ideology, people before party poliParty Leadership seized the initiative at our Blackpool Conference offering enterprising policies on issues such as inheritance tax, in the Welsh Assembly under Nick Bourne's leadership we are capitalising on our new platform as the Official Opposition — putting ideas before ideology, people before party poliparty politics.

As someone who worked for Blair observed to me recently, if Cameron had wanted to modernise his party in a similar fashion he would have dropped his plans for a cut in inheritance tax, proposed sweeping tax cuts for the poor and the re-nationalisation of the railways.

This most recent decision quotes one of the many judges who have been involved in the case commented, as far back as 1980, as having described the parties as «figures in a classical tragedy, bent upon destroying that which surrounds them and especially their monetary inheritance».

There's been a number of recent cases in which one party treated inheritance as marital property, the other party kept his or her inheritance as separate property, and the family and appellate courts rewarded the ungenerous spouse's ungenerosity by finding only the generous spouse's inheritance as transmuted.

Only where a party intends that inherited property be used as a marital asset, or where the inherited property is sufficiently commingled with marital property, will that inheritance be subject to division in a divorce.

«Recognition of a foreign divorce is important as it can affect your ability to remarry and cause issues in relation to wills and inheritance, welfare benefits, marital status, and the financial remedies available to the parties involved.»

This includes separate checking / savings accounts opened before the marriage, stock owned before the marriage; individual inheritances, and any property classified as separate under a prenuptial agreement of the parties.

Various factors are taken into consideration when distributing assets including the incomes of the parties prior to and at the beginning of the divorce, duration of the marriage, need to occupy the marital home, loss of inheritance or pension rights, maintenance awards, future financial circumstances of each spouse, tax consequences, dissipation of assets, contributions as a non-wage earner to the income of the spouse and home, and the character of the property itself.