Sentences with phrase «property upon marriage»

Our Vancouver Divorce Lawyers explain that spouses generally get 50 % of all family property upon marriage break down as per the BC Family Law Act, unless it would be significantly unfair to divide them 50/50.

Depending on the province you're in and what you do with the money once you take it from your father, you might put it up for grabs in the division of net family property upon a marriage breakdown.

Not exact matches

Among other significant ways that preliberal Christianity contributed to an expansion of human choice was to transform the idea of marriage from an institution based upon considerations of family and property to one based upon the choice and consent of individuals united in sacramental love.

The parables disclose with what pleasure and tolerance he surveyed the broad scene of human activity: the merchant seeking pearls; the farmer sowing his fields; the real - estate man trying to buy a piece of land in which he had secret reason to believe a treasure lay buried; the dishonest secretary, who had been given notice, making friends against the evil day among his employer's debtors by reducing their obligations; the five young women sleeping with lamps burning while the bridegroom tarried and unable to attend the marriage because their sisters who had had foresight enough to bring additional oil refused to lend them any; the rich man whose guests for dinner all made excuses; the man comfortably in bed with his children who gets up at midnight to help his importunate neighbor only because he despairs of getting rid of him otherwise; the king who is out to capture a city; the man who built his house upon the sand and lost it in the first storm of wind and rain; the queer employer who pays all of his men the same wage whether they have worked the whole day or a single hour; the great lord who going to a distant land entrusts his property to his three servants and judges them by the success of their investments when he returns; the shepherd whose sheep falls into a ditch; the woman with ten pieces of silver who, losing one, lights the candle and sweeps diligently till she finds it, and makes the finding of it the occasion of a celebration in which all of her neighbors are invited to share — and how long such a list might be!

Conscientious reporters are taking the necessary When you get married, the property that you combine or acquire during the marriage is called marital property and subject to division upon divorce.

In these states, married couples who obtain property usually own it jointly, which means it would be divided upon divorce or other dissolution of the marriage.

This is especially important when dealing with sensitive and life changing decisions regarding marriage, children, property and their effect upon future relationships.

One of the main issues to be addressed upon the breakdown of a relationship or marriage is what will happen to property owned by the spouses — who will retain what?

Again, it's likely that you and your partner will be sharing almost everything, but there are the occasional properties or assets that you may want to keep in your biological family or give to your kids from a previous marriage as opposed to your spouse upon your death.

For example, in many states, property owned by one party before the marriage was commenced is not subject to division as marital property upon divorce and often the right to alimony following a short marriage that does not produce children is quite modest.

Alimony deals solely with the support of the spouse, and is not to be considered a property settlement upon a dissolution of the marriage.

When the parties separated not long afterwards, the husband and his parents argued that the property transfer was part of the wife's dowry or mahr, and thus was conditional upon her staying in the marriage.

They are also useful in estate planning, as they allow a person to leave property or assets to their children upon death, including those from previous marriages.

In such a system, almost all properties and liabilities acquired during marriage are considered marital property and are split evenly upon divorce.

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.

As such, it presumes that any property spouses acquire during their marriage is community property - the property of both spouses - and divisible upon divorce.

Marriage contracts or cohabitation agreements generally allow couples to spell out how property will be divided or spousal support arranged upon a split.

Unlike a property division, alimony exists for the support and maintenance of the dependent spouse based upon the standard of living during the marriage.

Some courts evaluate them as conditional gifts that become the absolute property of the receiving spouse upon marriage.

This concept of community property rests upon the notion that both spouses assist and help support and nurture the community and each other in order to benefit and provide income and support for the community during marriage.

A premarital agreement allows a couple to predetermine property and financial issues during marriage, upon the death of a spouse or in the event of divorce.

Same - Sex Couples Family Law Issues Parental alienation, marriage and domestic contracts, spousal support, child support, custody arrangements co-parenting agreements, adoption orders to secure parental recognition, division of family property upon separation, gay and lesbian divorce, second parent adoption

Although only courts have the power to dissolve a marriage, judges look favorably upon voluntary agreements between spouses concerning property division, alimony and child custody.

Under that system, women gave up their personal property rights upon marriage.

Doesn't matter what it is, if it happens the marriage is added to the Community Property (sometimes called «marital property») and then split equally upon Property (sometimes called «marital property») and then split equally upon property») and then split equally upon divorce.

In New Mexico, the law designates all property acquired by either spouse during the marriage as community property that must be divided equally upon divorce according to value.

«To promote amicable settlement of disputes between parties to a marriage attendant upon the dissolution of their marriage, the parties may enter into an agreement containing provisions for disposition of any property owned by either of them, maintenance of either of them, support, parental responsibility allocation of their children, and support of their children [for certain expenses such as education] after the children attain majority.»

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.