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A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
The Oscar winners, who were together for about 12 years before Jolie filed for divorce in 2016, reached a written settlement agreement on Monday that finally ended one of the longest and most ...
This information can cause the appraiser to arrive at a different, probably lower, opinion of value. This information may be particularly helpful if one or both of the parties requesting the appraisal may end up in possession of the property. This is sometimes the case with property in a divorce settlement or a legal judgment. [25]
The Uniform Marriage and Divorce Act §307 (UMDA §307) [3] also allows for the equitable distribution of property and lists factors the court should consider, e.g. "the duration of the marriage, and prior marriage of either party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...
The two legally wed Aug. 14, 2014, after a two-year engagement and celebrated the marriage on Aug. 23 of that year with a nondenominational ceremony held at their chateau and winery in Provence.
Divorce laws and the nature of the debt play crucial roles in determining which party shoulders the responsibility. In many cases, what happens to debt is decided during the divorce proceedings.