Can the family court award property to one spouse at a lower
value than the other spouse is willing to take it for?
Not exact matches
Judge whether you have a true advocate,
other than your
spouse, in the department — someone who sees your
value and has an interest in your development — advises Martin.
A reverse mortgage doesn't do anything to your home's equity that any
other mortgage wouldn't do; the only difference is that you don't have to repay a reverse mortgage until the death of the last surviving
spouse, and assuming the amount you owe on the reverse mortgage is less
than the property's
value, your heirs would inherit the difference.
The full
value of your RRSP or RRIF is taxable as income upon your death if left to anyone
other than your
spouse.
However, when these assets are passed to your heirs (
other than your surviving
spouse), they are subject to federal income tax and may also be subject to federal estate tax (depending upon the
value of your estate) as well as various state income, inheritance and estate taxes.
the
value of property,
other than a matrimonial home, that the
spouse owned on the date of the marriage, after deducting the
spouse's debts and
other liabilities,
other than debts or liabilities related directly to the acquisition or significant improvement of a matrimonial home, calculated as of the date of the marriage.»