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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 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 ...
Divorce is difficult, regardless of the circumstances. To get through this hard time, it can help to focus on concrete solutions. That's where a divorce checklist comes in. A divorce checklist can ...
The object is to prevent widow(er)s and divorce(e)s, and their minor children, being cast into poverty by the death or divorce of the richer spouse. Accrual System ( South Africa ) or Deferred Community Property ( Canada ): Marital property is separately owned during the marriage, but after marriage (divorce, death of a spouse), the net assets ...
If both parents claim head of household and list the same qualifying child on their tax return, that can raise a red flag. The IRS may accept the return of the parent who filed first and reject ...
Custodial rights to children, shared property, child support, and alimony after divorce; Domestic violence intervention; Access to "family only" services, such as reduced rate memberships to clubs & organizations or residency in certain neighborhoods; Preferential hiring for spouses of veterans in government jobs