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Whether you put money into a revocable trust or have an individual bank account, any way to separate your money from your partner’s is considered a generally safe way to protect it during a divorce.
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
As you and your spouse approach the legal, financial and emotional issues of getting divorced, you can save a lot of money by working together. 5 strategies for saving money in a divorce Skip to ...
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 ...
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The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
Even the cheap stuff, which was all I had, could set you back $50, and I needed that if I was going to find a job to pay off my loans. "The $10 a month accumulates," my husband explained like I ...
The other parent is located, and served a court summons by a local sheriff, police officer, bailiff or process server. The summons informs the other parent that they are being sued for child support. Once served, the other parent must attend a mandatory court hearing to determine if they are responsible for child-support payments. [41] [42]