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Asset freezing is a form of interim or interlocutory injunction which prevents a defendant to an action from dealing with or dissipating its assets so as to frustrate a potential judgment. It is widely recognised in other common law jurisdictions [ 1 ] and such orders can be made to have world-wide effect.
Post-divorce, an advisor can help you create a new financial plan, establish a budget as a single person, help you understand the tax implications of selling assets and provide guidance on how to ...
Celebrity divorce lawyer, Laura Wasser — known for representing Kim Kardashian, Britney Spears and Ariana Grande — warns that the biggest mistake couples make during a divorce is letting ...
These accounts should be dealt with during the divorce proceedings. In some cases, a qualified domestic relations order will be put in place to govern the division of these assets with the non ...
Asset freezing – Legal process preventing a defendant from moving their assets beyond a court's jurisdiction (Mareva injunction) Burden of proof (law) – Obligation on a party to prove their case; Civil law (common law) – Branch of English common law; Court of equity – Court authorized to apply principles of equity to cases
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 party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...
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