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Splitting equity in a divorce can be tough, both emotionally and financially. Whether you decide to sell the house, buy out the other party, or agree to own it together, each option comes with a ...
Here are seven avoidable mistakes when it comes to splitting assets as part of a divorce. 1. Keeping the marital home when it’s not financially feasible.
According to the Financial Industry Regulatory Authority (FINRA), the only way to split an IRA in a divorce and avoid taxes is to have a court-ordered divorce decree and roll the separated funds ...
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 ...
Chemtob opened her practice in 1997 and Susan Moss, who represented an opposing party in a previous divorce case, [3] joined her in 2002. In 2009, Chemtob represented a woman in the first same-sex divorce in New York history, before same-sex marriage had been legalized in New York state itself.
This document outlines what happens to a couple’s assets and property rights if a divorce (or a death) happens. Pre-marital property refers to anything acquired before or during the marriage ...