Sentences with phrase «what equitable division»

Attorney fees of each party can usually also be taken into account in determining what equitable division of the assets will be made at trial.

Not exact matches

The courts then consider a number of factors to decide which property acquired during the marriage is marital property, and what is the most equitable division of that marital property.

It also must be someone — experienced in the equitable division of property and assets — who can make sure that you get to keep what is rightly yours.

To make a determination as to what is considered equitable, the court must consider the entire situation, including the length of the marriage, ages of the spouses, contributions of each spouse to the marriage, and tax consequences of the division; however, the court is not allowed to consider whether either party is at fault in the divorce.

And, what is the most equitable percent division of assets?

Illinois is an «equitable division» state, meaning that regardless of what happened to cause the demise of the marriage, the goal is to split the assets as fairly and equitably as possible between both you and your spouse.

The right to decide what values and interest you need respected and considered while receiving an equitable division of property.

Knowing what factors the court can consider as part of equitable distribution, and how you can reduce uncertainty through voluntary agreements, will help you best prepare for the property - division phase of your Maryland divorce.

This does not mean, however, that all real, tangible, and intangible property is divided according to a 50 - 50 split; rather, «equitable» refers to what the court believes is fair or just division given certain facts about each spouse.

In divorce and child custody cases, the contested issues vary depending on the parties» unique circumstances, but generally they concern with whom the children will reside (physical custody), who will make decisions concerning their religious and educational upbringing, medical care and treatment, and extracurricular activities (legal custody), how the assets and debts of the parties will be divided (equitable division of the marital property), and what kind of spousal support, if any, is to be paid by one party for the support of the other spouse.