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A divorce checklist can offer a sense of clarity and direction when … Continue reading → The post How to Prepare for a Divorce With a Checklist appeared first on SmartAsset Blog. The 7-Step ...
Private international law. Family and criminal code. (or criminal law) v. t. e. Divorce in the United States is a legal process in which a judge or other authority dissolves the marriage existing between two persons. Divorce restores the persons to the status of being single and permits them to marry other individuals.
Divorce settlement. A divorce settlement is an arrangement, adjustment, or other understanding reached, as in financial or business proceedings, between two adults who have chosen to divorce. [1] It serves as the final legal agreement between these adults for documenting the terms of their divorce. [2]
Division of property. Division of property, also known as equitable distribution, is a judicial division of property rights and obligations between spouses during divorce. It may be done by agreement, through a property settlement, or by judicial decree. Distribution of property is the division, due to a death or the dissolution of a marriage ...
Avoid Paying Taxes on a Divorce Settlement. Any property transferred as part of a divorce keeps its tax basis. There is no step-up basis loophole in divorce proceedings. For example, say that you ...
Alimony payments only show up in divorce papers and if someone has a $1,000 a month support obligation that could seriously affect the ability to make house payments.
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