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An example is so called marital public goods, which are produced within a marriage and benefit both members of the couple, but also have the characteristic that one spouse cannot exclude the other from enjoying it. If one spouse cannot exclude the other from enjoying a good, then that spouse cannot threaten to withhold or increase production of ...
Traditional asset division system stated that what a spouse owns before marriage or personal earnings during marriage are considered as separated property. Uniform Marital Property（UMPA)，a marital law that was first passed by the Uniform Law Commissioners in 1983, [16] considered a family as an economic entity. Each spouse owns half of the ...
The Rocky actor, 76, denied allegations made by Flavin, 54, that he “engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on ...
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.
Take, for example, as Copp alleges, his Texas ranch and Gulfstream IV-SP jet. More recently, Copp claims John purchased an $800,000 Hinckley yacht and deposited over $3 million into his account ...
Although accounts receivables would be accrued assets, this is easier to hide than cold hard cash. 9. Create fake expenses. "Yes dear, I'd love to give you more money but my business is struggling
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 ...
Community property (United States) also called community of property (South Africa) is a marital property regime whereby property acquired during a marriage is considered to be owned by both spouses and subject to division between them in the event of divorce. Conversely, property owned by one spouse before the marriage, along with gifts and ...