Sentences with phrase «value of separate property»

The final point that I would like to make about this section is that the increase in value of separate property and the income derived from separate property is also separate property.

The increase in value of separate property and the income derived from separate property shall be considered separate property.

Any appreciation in value of separate property, but only if the other spouse did not contribute to its appreciation.

We find the increase in value of that separate property to be marital because of the parties» contribution to its maintenance and increase.

Any decrease in value of separate property can be used to offset an increase in value of other separate property but can not be offset against the value of marital property.

The divorce court has no jurisdiction to divide separate property but is required to ascertain any increase in the value of separate property during the marriage.

The increase in value of separate property is determined by subtraction.

It found that wife was only entitled to recover the increase in the value of the separate property that was caused by these enhancements.

Also, an increase in the value of separate property where a spouse is actively involved in that increase will be considered marital property.

However, if the other spouse has helped increase the value of the separate property, it may be subject to equitable distribution.

In Alabama, the appreciation in the value of separate property remains separate property.

In Connecticut, the appreciation in the value of separate property is marital property.

However, if separate property is mixed with marital property or if marital assets are used to increase the value of the separate property, the separate property or its increased value can be considered marital property.

Income from separate property, or an increase in the value of separate property, is also separate unless the income or increase in value was the result of significant activity by either spouse during the marriage.

• Property either spouse acquired before the marriage began • Property received individually by a spouse as a gift or inheritance • Compensation for personal injuries • Property which has been designated as separate property in a legal prenuptial agreement or written contract • Property obtained from the proceeds or appreciation in value of separate property

The increase in value of separate property (such as stock appreciation, interest, or real estate appreciation).

A share of the separate property of the decedent equal in value to that which the spouse would have received if the decedent had died without having executed a testamentary instrument, but in no event is the share to be more than one - half of the value of the separate property in the estate.