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Alimony is the money one spouse pays the other in a divorce. It’s essentially a form of spousal support. These are the three main types of alimony in the context of divorce agreements:
This document outlines what happens to a couple’s assets and property rights if a divorce (or a death) happens. Pre-marital property refers to anything acquired before or during the marriage ...
One of the most significant factors in how debt is divided during a divorce is whether a couple resides in a common law or community property state. Common law states. In common law states, debt ...
In the United States, marriage and divorce fall under the jurisdiction of state governments, not the federal government. Although such matters are usually ancillary or consequential to the dissolution of the marriage, divorce may also involve issues of spousal support, child custody, child support, distribution of property and division of debt.
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 laws vary considerably around the world, [1] but in most countries, divorce is a legal process that requires the sanction of a court or other authority, which may involve issues of distribution of property, [3] child custody, [3] alimony (spousal support), child visitation / access, parenting time, child support, and division of debt.
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