Sentences with phrase «typically divide assets»

Community property states — Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin — typically divide assets equally between spouses.

Michigan is an equitable distribution state, but judges typically divide assets fairly evenly.

Not exact matches

In securitizations, a series of assets, typically ones with well defined payoffs, such as fixed income (bonds and loans) and derivatives of fixed income get placed in a trust, and then the trust gets divided up into participations of varying riskiness.

Prenuptial agreements typically describe the procedure by which assets will be divided in the event that the couple divorces or when one of the partners passes away.

While a person doesn't have to hire an attorney, it's typically incredibly beneficial, especially when there are large assets that need to be divided between the spouses.