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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 ...
In a state not recognizing separation, a 2-year marriage followed by an 8-year separation will generally be treated like a 10-year marriage. Age of the parties at the time of the divorce Generally, more youthful spouses are considered to be more able to 'get on' with their lives, and therefore thought to require shorter periods of support.
Retirement accounts, such as a 401(k) or a pension, can be major assets in a marriage and should be considered in the settlement negotiations. Sometimes the retirement accounts of one spouse may ...
Reaching a mutual agreement on debt division through negotiation or mediation can help avoid court involvement and lead to a smoother settlement. Divorce not only dissolves a marriage but also ...
A postnuptial agreement is a written agreement executed after a couple gets married, or have entered a civil union, to settle the couple's affairs and assets in the event of a separation or divorce. It may be " notarized " or acknowledged and may be the subject of the statute of frauds .
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 ...
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