Sentences with phrase «property acquired during the marriage»

The court orders an equitable division of property acquired during the marriage.
In many countries, property accumulated during a de facto relationship is not treated at law on the same basis as property acquired during marriage.
The courts then consider a number of factors to decide which property acquired during the marriage is marital property, and what is the most equitable division of that marital property.
Separate property in community property states may include property owned before marriage and, in some states, property acquired during the marriage with proceeds from the sale of separately owned assets.
During the divorce process, the court divide marital property between spouses, which is typically property acquired during the marriage, with limited exceptions.
This equitable division applies to all marital property, which is property acquired during the marriage except by gift or inheritance.
California is a «community property» state, which means that property acquired during a marriage by California spouses is generally considered the property of both parties and can be divided equally by a California court during a divorce.
This means that when a couple can not agree on the division of marital property, the court divides most property acquired during the marriage fairly between the spouses, which does not always result in an equal division.
California is a community property state, so California divorce courts divide property acquired during the marriage, except property a spouse acquired by gift or inheritance since this property is considered that spouse's separate property.
It provides a basic presumption of equality for most property acquired during the marriage including the matrimonial home, bank accounts, RRSPs, pensions, and other property.
§ 20-3-630 (A)(3) states that property acquired during a marriage in exchange for non-marital property is non-marital.
Other property acquired during the marriage is considered marital property and is divisible by the court.
Complete vs Partial Divorce Agreements in Arizona Property Settlement Agreements: Estate of Messer Sometimes spouses reach a complete property settlement disposing of all community property they acquired during a marriage.
Marital assets and debts generally include the marital home, family car or other shared property acquired during the marriage.
Community property is property acquired during the marriage through the effort of either spouse, such as wages and employee benefit plans, property donated to the spouses jointly, and other property not classified as separate.
Separate property is anything that either spouse owned before entering into the marriage, as well as property acquired during the marriage if it was given to one spouse as a gift or an inheritance.
Sharing property is an important component of many marriages, but when couples divorce, questions often arise as to how property acquired during the marriage should be divided.
FL&NY are Equitable Distribution states, because their marriage laws developed from English Common Law and they have adopted new laws in the twentieth century to ensure equitable division of property acquired during marriage.
Assets considered include property brought to the marriage by one spouse, property acquired during the marriage by one spouse, and that acquired through joint effort.
In some western and southwestern states, a form of ownership under which property acquired during a marriage is presumed to be owned jointly unless acquired as separate property of either spouse.
Florida is an «Equitable Distribution» state, meaning courts strive to divide marital property and property acquired during the marriage with marital funds or labor equally among both parties.
Typically, spousal support is awarded upon the request of either spouse and only after the court has made an equitable distribution of the couple's marital property, which is most property acquired during the marriage.
Property acquired during the marriage in exchange for separate property remains separate property.
This contract sets out the property and financial rights of each party both during and after the marriage (i.e. in case of a divorce), including issues like how to divide property acquired during the marriage, property brought into the marriage by each person, and spousal support.
A Community Property state designates any property acquired during the marriage and used by both spouses becomes the property of both.
Your spouse has the ability to give away any of their assets that are not community property (property acquired during a marriage) to whomever they choose.
In California, property acquired during the marriage is considered community property, and should be divided between spouses accordingly.
Florida is an equitable distribution state, meaning that we start with the presumption of a 50/50 split of «marital property» (all property acquired during the marriage).
Property acquired during the marriage is assumed to be marital property unless proven otherwise.
As the title implies, equitable distribution contemplates the fair division of property acquired during a marriage.
In an «equitable distribution» state, all property acquired during the marriage is «marital property» and all property owned before the marriage is «non-marital» property.
The community property presumption is that all property acquired during the marriage by either spouse (while a resident of the state) is community property, including real estate and personal property.
Montana law recognizes that spouses who work as homemakers and spouses who work outside the home both contribute to the property acquired during the marriage.
Any property acquired during the marriage is classified as marital property.
Regardless of how it is titled, marital property is identified as all property acquired during the marriage.
You understand that absent a prenuptial agreement, in New York, the courts assume that all property acquired during a marriage is marital.
California law presumes that all property acquired during the marriage by either spouse — while a resident of the state — is community property.
Still, the law creates a presumption that property acquired during the marriage is marital property, so if a spouse wants to overcome that presumption, he or she bears the burden of producing sufficient credible evidence.
The California default rule is that all property acquired during marriage from work or earnings is community property.
Each spouse keeps his or her separate property and the court divides the property acquired during the marriage on an equitable basis.
Marital Property — Essentially, any property you acquire during your marriage up until the date of separation is marital property.
In short, any marital property (property acquired during the marriage) is subject to division during a divorce.
Most property acquired during a marriage is included in a couple's marital property, but some assets, including those acquired by gift or inheritance, are considered nonmarital property.
Marital property in Pennsylvania includes any property acquired during the marriage — even if the property is titled in only one spouse's name.
Marital property is all property acquired during the marriage, regardless of whose name is on the title.
California is a community property state, which means the law presumes all property acquired during the marriage is...
If spouses can not agree, the court can divide much of the property acquired during their marriage.
Marital property is all property acquired during the marriage by either spouse, unless the property qualifies as separate property.
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