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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.
Continue reading → The post Divorce Laws in Indiana appeared first on SmartAsset Blog. Even with everyone’s best efforts, sometimes a marriage doesn’t last and it ends in divorce. If you ...
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 ...
7 financial mistakes to avoid when splitting assets during a divorce. Roger Wohlner. June 6, 2024 at 6:37 AM. Divorce is a tough process on a personal and emotional level. It can be disruptive to ...
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 ...
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
Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation . It typically applies to the alleged proceeds or instruments of crime.
A mensa et thoro is a legal Latin phrase which means "from table and bed", often translated as "from bed and board", in which "board" is a word for "table". Separation a mensa et thoro is essentially a separation that is sanctioned by a court order, meaning that the spouses may legally live apart, but they are still legally married.