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Bridget Potterton is a real estate broker and certified divorce real estate expert. She says couples going through divorce have three options: - Keep the home together.
These accounts should be dealt with during the divorce proceedings. In some cases, a qualified domestic relations order will be put in place to govern the division of these assets with the non ...
Keep in mind, it’s illegal to conceal any assets during divorce proceedings. If the divorce is amicable, Jen may be able to sit down with Ben and work out terms that are agreeable to both parties.
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 liquidation value may be either the result of a forced liquidation or an orderly liquidation. Either value assumes that the sale is consummated by a seller who is compelled to sell and assumes an exposure period which is less than market normal. The most common definition used by real estate appraisers is as follows [2]
Matrimonial regimes, or marital property systems, are systems of property ownership between spouses providing for the creation or absence of a marital estate and if created, what properties are included in that estate, how and by whom it is managed, and how it will be divided and inherited at the end of the marriage.
Consider the real value of retirement assets If you’re curious about the value of retirement funds you might receive during a divorce, it’s important to understand how withdrawals will be taxed.
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