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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 ...
White v White is an English family law decision by the House of Lords, and a landmark case in redistribution of finances as well as property on divorce. [1] This case involved a couple with assets exceeding £4.5m which was deemed more than either needs for their reasonable requirements.
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 ...
4. Other mortgage options after divorce. There are a few other mortgage options that may be worth considering amid a divorce. For instance, it is possible to keep the mortgage as-is, but this ...
Couples making strides toward divorce may come to a crossroads where it's difficult to decide whether to keep the house or sell it and divide the assets. What's best for each party financially ...
A house divided. This was brought to mind by a Redditor on the r/Divorce subreddit who is in the process of getting divorced and must decide how to divide his financial assets. He has a 401(k ...
Collaborative law, also known as collaborative practice, divorce, or family law, [1] is a legal process through which couples who have decided to separate or end their marriage work together with a team of collaboratively trained professionals including lawyers, divorce coaches, and financial professionals to achieve a settlement that meets the needs of both parties and their children without ...
The settlement also includes a non-disparagement clause that bans either party from speaking negatively about each other, their children, their children’s spouses or their grandchildren.