Sentences with phrase «property and debt»

Although child support is addressed separately, it can be affected by other issues in the case, such as custody, alimony, and the division of property and debts.

This includes property and debt division, spousal support and child custody.

In accordance with equitable distribution standards, the judge will divide marital property and debts in a way that is fair based on the circumstances.

The guide outlines the financial decisions that need to be made, steps to take and things you should know about dividing property and debts.

Are you figuring out how to divide your marital property and debts in a divorce?

In dividing and distributing the marital estate, the court goes through a discovery process to classify property and debt as marital or separate.

In community property states, property and debt acquired while married is divided equally in a divorce.

You will need to have a good understanding of the divorce laws in your state regarding matters such as property and debt distribution moving forward.

A family law attorney can help you reach a fair settlement on property and debt issues before filing for divorce, preventing future obstacles and argument.

It discusses divorce as well as child custody, property and debt issues.

As your neutral Collaborative financial professional, I help you identify, document and value your community and separate property and debt, document your income and estimate your expected future expenses.

In every divorce, a judge will divide a couple's marital property and debts between the spouses.

Basically, the purpose of these forms is to provide both parties a full picture of what property and debts there are, as well as what the household income and expenses are.

In the 41 other states, the courts divide marital property and debt under the concept of equitable distribution.

The portion of the marital estate — including property and debt — that you receive during the proceedings will likely have tax implications.

Equity Usually defined as the difference between the market value of a piece of property and any debts against it, such as outstanding mortgages, claims, liens, rights or liabilities.

Keep in mind that this does not necessarily mean property and debts will be divided 50 - 50.

The contract should contain provisions that address property and debt division, spousal support, and a parenting plan.

If you haven't already done so, consider making a list of your individual property and your debts.

Any issues, e.g. property and debt division, child custody, child support and alimony, should also be described in the complaint.

It contains provisions for division of property and debts, maintenance, child support, and parenting.

Much of our practice is dedicated to resolving divorce - related issues such as child custody or property and debt division through mediation and collaborative law methods, or through the courts.

If the couple can't agree on how to divide property and debts, a judge will decide.

Property is divided on an equitable - distribution basis, which often results in an equal split of marital property and debt.

The court will go through a discovery process to determine what property and debt should be classified as marital or separate.

Our Vancouver Mandarin Chinese family property lawyers and Cantonese speaking family asset lawyers regularly handle inter-jurisdictional support and international family property and debt division cases.

In such agreements, spouses typically outline how property and debts will be divided, amount and duration of any spousal maintenance, and a parenting plan outlining custody and visitation obligations if there are children of the marriage.

- Identify all property (real, personal, financial) and debts; - Characterize all property or debts as separate or community; - Establish values for all property; - Divide property and debts fairly between the two people; - Decide what if any spousal support is appropriate; and -(If you have children) Work out a parenting plan and child support.

He commented at para. 140, «some of the challenges with interpretation seem to arise from the drafters» decision to deal with property and debts together».

If you and your spouse are in agreement regarding property and debt division, custody, visitation and child support of any children, and alimony, you may enter into a marital settlement agreement.

Kentucky is an «equitable distribution» state, which means Kentucky courts divide marital property and debts equitably between spouses, but not necessarily equally.

List community property and debt in paragraph 5.

Florida law details which property and debts are marital, meaning they belong to both spouses, and which are separate (nonmarital), meaning they belong to one spouse alone.

Attorney Barbara E. Hecht has more than 35 years of experience resolving complex property and debt division issues, including those that involve military pensions, businesses, stock options, qualified domestic relations orders (QDROs) and ERISA defined benefit plans.

Case law provides that property and debt orders in the Decree may not be enforced with a contempt action unless they are related to support of the family.

Filing for no - fault divorce doesn't mean that your spouse agrees to give you the things you've asked for in your petition, such as custody or terms for property and debt division.

She indicated that whereas she learned some new things about property and debt distribution, she was already competent in the areas covered, other than LLLT ethics rules.

Reinvest Cash Proceeds and Replace Debt To achieve total tax deferral, all cash proceeds from the sale of the relinquished property must be reinvested in the replacement property and any debt relieved must be replaced or netted with new cash.

The parties have accumulated certain community, joint and common property and debts during the coverture of the marriage which should be equitably divided.

We're expertly versed in the intricacies of the Ontario Family Law Act related to Ontario family property and excluded property and debt division.

Dissolution of marriage may involve property and debt division as well as support, custody and visitation rights.

The longer you wait, the more property and debts you may each accumulate.

Courts encourage the spouses to settle property and debts, but if they can not agree, then the court will decide.

The court first classifies property and debt as marital, and then it assigns value on both.

Along with the Stipulation, the parties file documents setting forth how they wish to divide their assets and assign parenting time and custody rights as well as a Settlement Agreement, Property and Debt Listing Form and a Parenting Plan.

Wisconsin is a community property state, meaning the court generally distributes marital property and debt equally, but may modify the distribution depending on the circumstances of a given case.