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When the relationship unraveled and divorce was on the horizon, the spouse demanded half of the apartment’s value — only to be hit with the reality that there was no equity to split.
Getting divorced can mean untangling some sticky personal and financial issues. A wrinkle may be added when there are kids involved and you're trying to work out custody arrangements, child ...
No-fault divorce is the dissolution of a marriage that does not require a showing of wrongdoing by either party. [1] [2] Laws providing for no-fault divorce allow a family court to grant a divorce in response to a petition by either party of the marriage without requiring the petitioner to provide evidence that the defendant has committed a breach of the marital contract.
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 ...
Divorce isn’t just about emotional separation: It’s about financial separation, too, especially when it involves shared property like a home, the most valuable asset many people own.
A fault divorce is a divorce which is granted after the party asking for the divorce sufficiently proves that the other party did something wrong that justifies ending the marriage. [8] For example, in Texas, grounds for an "at-fault" divorce include cruelty, adultery, a felony conviction, abandonment, living apart, and commitment in a mental ...
A morality clause in a divorce agreement is a provision that spells out what each party can or cannot do in the presence of their children. The purpose of a morality clause is to regulate behavior ...
Whether you sell the home as part of the divorce agreement or buy out your spouse’s share, capital gains taxes could come into play. This is a tax on the sale of assets, such as a home, when the ...
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related to: issued to or for rent to avoid a divorce agreementonlinedivorce.com has been visited by 10K+ users in the past month
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