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In a fault divorce, reconciliation and condonation share similarities. [47] If either the husband or wife decides that forgiveness is given, a defense for fault cannot be obtained. [47] As an example, in the case of abandonment, the divorce can't be based on abandonment because one of the spouses forgives on that issue. [47]
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 ...
Instead of a complete waiver of the right to seek alimony, prenuptial agreements and post-nuptial agreements can also contain terms where the parties agree to a set amount of guaranteed alimony for the lower wage earner at the time of divorce, or a cap/limit on the amount of alimony either party can seek in the event of a divorce.
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 not only dissolves a marriage but also leaves behind complex financial matters, particularly when it comes to debt. While some assume that the debt follows the person who incurred it, the ...
My husband and I divorced when he came out to me. We both fell in love with new people and spend time together as a new kind of family. When my husband came out to me, our divorce was painful.
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