Sentences with phrase «split upon divorce»

For example, using it to pay off the mortgage on your marital home is not smart considering the matrimonial home is split upon divorce.

If a married individual is gifted with a sizable amount of money and the relationship breaks down, is it fair that the money should be split upon divorce?

Not exact matches

Depending upon the custodial agreement, the custodian could follow the court's ruling, wherein the divorce decree may declare that all marital property is split as indicated and named in the document, with no other splitting to be done.

Although divorce can be confusing, it is also incredibly emotional, even when the split is amicably agreed upon.

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

This differs from states that split marital property 50/50 upon divorce and relies more on factors relevant to both spouses when dividing assets and liabilities.

To somehow all of a sudden be asked to split the income across two households, in an effort to figure our how much disposible net monthly income you will each have in your own household, and then how much they your need in light of any obligations upon divorce, can be a frighteningly daunting task indeed.

In the divorce process an actuary may be called upon to calculate the current assets of marital property and project what the worth would be at some future date, the enduring period if equally split, or financial result of dividing current assets.

In this two - CD set, Bill Eddy expands upon the topics he wrote about in Splitting: Protecting Yourself When Divorcing Someone with Borderline or Narcissistic Personality Disorder, tackles some new ones, and answers frequently asked questions.

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 divorce.