Not exact matches
Federal law authorizes each individual state to treat military pensions as marital
assets and it further authorizes each state to
divide military pensions in accordance with each state's laws
regarding the division of marital
assets, so long as the rules and limitations imposed by federal law are complied with.
These legal documents provide a contractual means of ensuring that there will be no question
regarding how
assets should be
divided in the event that the marriage does not last.
Whereas from the Government of Canada's side, it seems, on the contrary, to be
regarded more as a divorce: we work out an agreement, we
divide up the
assets, we determine the monthly or annual payments and ask what exactly do I have to do and not a penny more in order to avoid being sued or seeing each other any more than we have to.
If you have questions
regarding dividing your marital property,
assets and liabilities in a divorce, contact the law firm of All Family Law Group, P.A..
However, couples are always free to reach an agreement in advance of marriage
regarding how to
divide assets in the event that they get divorced.
If you have questions
regarding how your marital estate (liabilities and
assets) may be
divided or allocated in divorce, please contact my office for an initial consultation.
A lot of people just
divide up
assets or debts without
regard to this issue.
While military divorce functions similarly to standard divorce, there are several special considerations involved
regarding how and where the case is filed, the process for
dividing marital
assets, spousal maintenance and child support provisions and other concerns.