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Division Of Assets

    Division Of Assets Editor's Picks

    • Requirements for Legal Separation

      The phrase "legal separation" is tossed about in conversation, in movies and on television programs with a great deal of regularity. What many people do not fully appreciate is that there is a specific set of legal steps that must be taken, requirements that must be satisfied, in order for a legal separation between a married couple... more »

    • What Is a Separate Maintenance Agreement?

      Legal separation is not just one spouse moving out of the marriage home. It involves the authority of the court behind a plan for how the partners will divide some or all of their assets, and any obligation on the part of one spouse to make payments in support of the other. A separate maintenance agreement is the document that sets... more »

    • How to Write a Marriage Contract

      A marriage is an agreement between two people that may only be ended by a legal divorce or death. However, some parties seeking to marry desire further agreements that protect the existing financial assets of one or both parties. A marriage contract, also called a premarital contract or a prenuptial, defines the division of finances... more »

    • Definition of an Uncontested Divorce

      Divorce is one of the most painful experiences in life. It can be handled in one of two ways: contested and uncontested. An uncontested divorce requires the agreement of both spouses and may be one of the few things they agree on or one of the many things in which they do not. Technically, a divorce is automatically granted by a court... more »

    • Cons of Living Together Before Marriage

      Living together before marriage is like a trial run of what it is like to live with your future spouse. The firsthand knowledge obtained during this time can be beneficial. However, it can also lead to broken marriage proposals or act as a harbinger for divorce. In fact, studies have found that people who live together are more likely... more »

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