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Asset freezing is a form of interim or interlocutory injunction which prevents a defendant to an action from dealing with or dissipating its assets so as to frustrate a potential judgment. It is widely recognised in other common law jurisdictions [ 1 ] and such orders can be made to have world-wide effect.
Continue reading → The post Divorce Laws in Indiana appeared first on SmartAsset Blog. Even with everyone’s best efforts, sometimes a marriage doesn’t last and it ends in divorce. If you ...
Post-divorce, an advisor can help you create a new financial plan, establish a budget as a single person, help you understand the tax implications of selling assets and provide guidance on how to ...
7 financial mistakes to avoid when splitting assets during a divorce. Roger Wohlner. June 6, 2024 at 6:37 AM. Divorce is a tough process on a personal and emotional level. It can be disruptive to ...
Ferguson, 639 So.2d 921 (Miss. 1994), [2] the court described equitable distribution of marital property at divorce as more fair, or equitable, than the separate property system. The court may consider such factors as "substantial contribution to the accumulation of the property, the market and emotional value of the assets, tax and other ...
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 ...
Continue reading → The post How to Protect Trust Assets From a Beneficiary's Divorce appeared first on SmartAsset Blog. Trusts can be a useful estate planning tool for passing on wealth to heirs ...
United States federal law allows courts to freeze a criminal defendant's assets when that individual is accused of violating federal banking or healthcare laws. [2] However, assets may only be seized if they are "traceable to the crime" or if the property is "obtained as a result" of the crime and the defendant is either in the process of disposing or alienating those assets or the defendant ...