Sentences with phrase «significant marital assets»

In other words, the fact that your spouse had an affair is not going to affect how your property is divided, but if your spouse spent significant marital assets on the affair, then it may have an effect.

Especially in situations where there are significant marital assets, great disparity in level of income, or where minor children are involved, it is best to contact an attorney to make sure that all your affairs are in order.

Rather, I can certainly see this process being employed by family law attorneys in a number of «single - issue» cases (e.g., alimony) and of having a greater benefit in those cases where there are significant marital assets involved, or in highly - charged child custody cases.

For these reasons people who are contemplating divorce should consult with an attorney, especially when children or significant marital assets are involved.

Not exact matches

The longer people are married the more their assets fall into the «marital asset category» allowing spouses to accrue significant benefits by marital longevity.

Results showed that male household head, education of the household head, marital status of the household head, production assets, firm size, availability of credit, access to market, temperature and rainfall had significant impacts on choices of adaptation.

When state, federal, military and other pensions are a significant part of the assets, contentious issues may arise in the split of marital property.

For example, if you were awarded the family home and a significant portion of the marital assets, you may not be entitled to maintenance.

In a divorce, we understand that the spouse whom we represent will have important questions: what will happen to the marital property, will alimony or spousal support be awarded (and if so, how is this determined), what will happen to our house, vehicles, and other significant assets, who will be entitled to live in the current residence, and how will custody matters be determined?

The most significant assets in the Virginia divorce case were the husband's military pension and the former marital residence.

The summary procedure works particularly well for a childless marriage, where both parties agree to waive spousal support, and the couple own neither a marital home nor have significant assets or liabilities.

The marital home is usually a couple's most significant asset.

The marital home is often the most significant asset most divorcing couples own.

Besides the marital home, a family owned business can be one of the significant assets that is divided in a divorce.

Already married couples may wish to create agreements to define what will happen to assets in the event of divorce, update a pre-nuptial agreement, address a significant change in the financial circumstances of one or both spouses, or simply create agreements regarding recurring financial issues in the marital relationship.

In addition to the marital home, retirement plans are often the most significant asset spouses have.

The divorce costs over $ 80,000 and drags on for more than 4 years during which time both parties have liquidated a significant portion of the marital assets, and have struggled to move forward in their respective personal lives.