Search results
Results from the WOW.Com Content Network
Even if the legal split occurs at a time when your employer is not doing open enrollment for benefits, a divorce typically qualifies as a life event that allows you to enroll in most employer ...
The question of property is complicated though, and can be dependent on whether you live in a community property state or an equitable distribution state — each dividing marital assets differently.
But if you start commingling it with your marital assets and divorce later, problems can arise. D'Agostini also says each partner should keep their premarital assets separate, if only to simplify ...
The community property concept originated in civil law jurisdictions but is now also found in some common law jurisdictions. U.S. states with community property laws draw primarily from the marital property laws under the civil law of France and Spain. [10] Division of community property may take place by item by splitting all items or by values.
A spouse who has made non-tangible contributions may claim an equitable interest in the marital property at divorce. 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 ...
Marital property, also known as marital assets, spousal assets or community property, matters when it comes to taxes, estate law and divorce. In most cases, separate property applies to the assets ...
Marital deduction is a type of tax law that allows a person to give assets to his or her spouse with reduced or no tax imposed upon the transfer. Some marital deduction laws even apply to transfers made postmortem. The right to receive property conveys ownership for tax Purposes.
More couples are divorcing after age 50 than ever before. While divorce rates have declined among adults in their 20s and 30s, the divorce rate between 1990 and 2010 doubled for couples over 50.