Divorce Settlements

A divorce settlement requires you to take a few very important things into consideration. Find out if you can sue for insurance coverage in a divorce settlement with help from an attorney in this free…

Whether or not you can get insurance coverage in a divorce settlement depends on the specifics of the situation at hand. Find out if you can get insurance coverage in a divorce settlement with help…

Typically in a divorce settlement involving a quit claim,, one spouse is transferring all ownership interests in the marital home to the other spouse. Quit claim deeds are often used in divorce…

There are a number of tax breaks offered to help a divorced couple divide their assets. Alimony payments offer a tax break to the payer spouse, while child support payments offer a tax break to the…

While difficult experiences abound in the divorce process, one of the harder things to swallow can be the issue of dividing retirement savings. Even if you were the only one who saved for retirement,…

A 401(k) plan is your best investment for retirement in many instances. If your employer contributes to your retirement, the matching contribution could be a windfall for you. Unfortunately, it could…

Discovering that a spouse has been unfaithful can be devastating. Depending on the seriousness of the adulterous relationship, the betrayed spouse must decide whether to forgive and stay in the…

A divorce settlement in Michigan is part of the final judgment of divorce issued by the court. Marital settlement agreements (divorce settlements) are court orders and can be enforced by law. The…

When considering a divorce or legal separation, spouses can often avoid significant conflict and legal costs by choosing to settle. A settlement agreement outlines the spouses' distribution of assets…

For many people, divorce is a life event that seems to have more in common with a natural disaster than something you would find in a law book. The breakup of your marriage can rip through your life…

If you refinance before a divorce, you must have the permission of your spouse, and you must disclose everything. If you cash out during the refinance, you must either split the proceeds or get a…

Divorce cases can be simple or complicated, depending on the circumstances. Custody battles, battles over property and other assets and liabilities and personalities often get in the way of an easy…

Divorce is a difficult, emotional time, especially if the separation is acrimonious. Although many divorces are handled in court, making or accepting a divorce settlement proposal may be beneficial.…

A plethora of situations lead to negotiations. For instance, a lawsuit involving an auto accident can lead to settlement talks, or you may need to settle an agreement with your loved one over who will…

Separating couples must juggle a multitude of important issues, and the complexity of the case grows if children are part of the family. While a divorce case doesn't have to involve a nasty and…

When faced with a conflict that requires negotiation, many people experience apprehension and dread. These negative feelings are often magnified when faced with the situation of having to negotiate…

When you and your spouse live in separate states and it is your intention to get a divorce, your first move should be to find out which state has the most favorable laws for your particular situation.…

The rules and agreements that come about as the result of a settlement are not always favorable to all parties. If neither party challenges the settlement, the agreements made can't be changed unless…

Whether you must split your separate accounts in a divorce cannot be answered in a simple yes or no. It depends upon a few variables, including where you happen to live and how the judge divides the…

A qualified domestic relations order (QDRO) is an order, judgment, or decree that has been issued by a state court or agency that creates or recognizes an alternate payee for purposes of receiving…

Divorce is the final termination of a marriage and cancels all legal duties and responsibilities of the marriage. It involves going through a legal process for the dissolution of the marriage and…

Damage settlement agreements resolve a dispute involving damages, usually within a court system leading to dismissal of a civil case. Typically, this constitutes both parties agreeing upon a…

Barristers are one of two types of attorneys who practice law in England. They are legal specialists who advise clients and practice law in the courtroom. Choosing the right barrister can make a big…

Solicitors and barristers are a part of the English common-law legal system. Solicitors will consult with barristers, who are licensed to argue cases in court, if a case has a possibility of going to…

A Qualified Domestic Relations Order (QDRO) is a court order that gives instructions to a pension or retirement plan on how to release funds in the case of a divorce. A QDRO is only relevant to…

One of the most contentious issues to be determined in a divorce proceeding usually is the physical custody of children. Physical custody deals with the right of a parent to have the child live with…

If you are in the process of a divorce, an accurate assessment of your net worth may be necessary in order to determine the terms of a settlement agreement. While you may be tempted to undervalue your…

If you are looking to conjoin more than one of your separated lands in the hopes of making them into a single piece of property, you may have to file for a binding lot agreement with your city, county…

A personal injury lawsuit can be filed when a person was hurt because of another party's intentional or negligent conduct. The injured party may accept a settlement in exchange for discontinuing any…

When spouses divorce in Australia, their marital assets must be divided between them according to the terms of Australia's Family Law Act of 1975. Under this act, spouses can reach their own…

Legal separation allows spouses to end their relationship and separate their lives without terminating the marriage. In Alabama, a court will use the same guidelines to divide the marital estate as it…

Getting a divorce can be complicated and painful under any circumstance. Military divorces, however, can be even more so, especially when retirement benefits are involved. While each state has…

The family law codes of many states contain provisions relating to the division and distribution of marital property. Individuals wishing to assert claims to their spouse's 401(k) plans must…

401(k)s and other retirement savings earned during a marriage are considered communal or marital property in most states. At divorce, each spouse is entitled to a portion of any 401(k) earned,…

When you think of court cases, images of dramatic testimony, compelling evidence and a surprise jury verdict come to mind. In reality, this exciting view of the legal system just doesn't happen much.…

Although a divorce can be a highly emotional time, you must be certain to protect your rights during the divorce process. Certain things should be requested in the divorce complaint or petition. If…

A major task in a majority of divorce cases is dividing up assets you and your spouse obtained during the course of your marriage. If you and your spouse desire to mutually agree on how to divvy up…

The division of personal property in a divorce can be a challenging issue to come to an agreement on. If the parties are unable to come to a distribution agreement amongst themselves, the court will…

Dividing property is often the most complicated part of a divorce. Spouses acquire property before their marriage, as well as throughout the marriage. All of that property is divided into two…

Divorce settlement law varies from state to state in that some states require mediation for the parties to attempt a settlement and some states do not. Settlements also vary because of the…

Divorce is one of the hardest things that two people can go through. When you're settling up your assets and trying to determine who should get what, it can be difficult to get through the process…

The division of marital debt is a major point of contention during divorce proceedings for many couples. Disputes over debts are furthered by the confusion over which spouse should be responsible for…

Divorce ranks among one of the most traumatic experiences in life. As a result, spouses may not always be able to focus on the financial issues involved. However, not doing so can result in financial…

It's cheaper to settle a divorce than to go to trial. And it's much easier to settle the divorce if the parties can be civil during settlement proceedings. In most cases, the parties trust each other…

When parties decide to divorce, they usually have several questions about child custody and how custody and visitation works. Often, the parties are concerned about holidays and birthdays, as each…

Typical divorce settlements address all the issues involved in the break up of the marriage. These issues depend to a great extent on whether the spouses have children together. If there are no…

Property settlement agreements typically require one party to pay funds to another as part of negotiations leading up to the conclusion of a marriage dissolution case. Perhaps you were required to…

Unfortunately, the financial strain of divorce can leave a couple no other options but to declare bankruptcy. Each state has its individual laws on divorce and bankruptcy. Being well educated on the…

When a couple divorces, the debts and assets must be divided between them. Couples often come to their own agreements on these matters, but if they don't, the courts will divide their estate according…

A property settlement agreement (PSA) is a binding contract between two married people who are anticipating a divorce. It commonly addresses issues of property division, debt payment, spousal support,…

Divorce laws in all 50 states, together with family law judges, work towards achieving a settlement of divorce cases as opposed to resolution through a trial. The underlying theory is that the parties…

A divorce settlement is a legal agreement between spouses that divides all assets and property held jointly by the couple. It is often comprised of alimony or cost of living, child support, college…

Divorce settlements are binding agreements between spouses that outline in detail how marital property, joint debts, money, assets and property will be disposed of during the separation and subsequent…

Recognizing the reality of a broken marriage is never easy. When both sides dig in over the division of money and property, the emotional damage may only be compounded. However, couples can still find…

Divorce laws differ from state-to-state. Because of this, property settlements in divorce can vary widely, and often involve a great deal of negotiation by both parties. What a spouse is entitled to…

Minnesota divorce law includes provisions on the division of the assets and debts of the spouses. The focus of these sections of Minnesota law include not only the assets acquired during the marriage…

Dividing a business can be one of the toughest parts of a divorce proceeding. In most instances, one spouse has more ties to the business than the other and may think the other spouse isn't entitled…

Approximately 20,000 divorces are filed in Alabama each year, according to the national Centers for Disease Control and Prevention in a recent National Vital Statistics Report. Parties going through…

Marital settlement agreements are contracts made between two divorcing spouses. The agreement provides the terms of the divorce, including child care obligations, child support and alimony, and…

A property settlement agreement in a divorce case is like any other contract. A property settlement agreement must contain certain elements in order for it to be legally binding.

Distributing assets is one of the more complicated aspects of many divorce cases. On the list of challenges is dividing an individual retirement account, or IRA. In dividing interests in an IRA…

In divorce law in the United States, grounds for asset division on the termination of a marriage can rest upon one of two legal bases, depending on the state: community property or equitable…

A major element of a typical divorce case is dividing the assets of the partners. In many divorces, one of the most contentious and legally challenging elements of the case is distributing assets…

Divorce is almost always a difficult prospect for everyone involved. Unfortunately, it is a process that 50 percent of married couples in the Texas will experience. Once a divorce is complete,…

Divorce cases represent some of the most emotional and challenging of all legal actions. Because of the nature of divorce cases, public policy and individual judges encourage parties to try to settle…

Calculating a divorce settlement can be as easy or as difficult as the parties want to make it. Often there are assets and liabilities that cannot easily be divided, but the parties can "trade" assets…

During civil lawsuits, a settlement may be pursed rather than trial. Criminal and other types of cases do not have this option since the victim may not be able to negotiate and one of the victims in a…

Divorce is often a messy, and sometimes nasty, proceeding. When a married couple has decided that they wish their union to be split, an accounting is done of all the assets and all the debts, and the…

Most judges prefer that couples negotiate child custody and divorce settlements outside of court rather than involving the legal system in the details of the separation. Effective negotiations require…

A divorce case can be one of the most emotional types of legal proceedings in the justice system. Combining financial issues with matters pertaining to children and a great deal more in between,…

Divorces frequently feature high-octane emotions and strident arguments. Recognizing the dynamics of divorce, you nonetheless are best served in most cases if you're able to reach a settlement with…

There are several types of affidavits for a divorce settlement. Which ones you use depend on your personal circumstances. One affidavit must be completed by everyone getting a divorce--the Family Law…

A divorce case is challenging and emotional on several levels. One of the most complicated aspects of a divorce is developing a fair and equitable property settlement. In the end, a property…

Some, but not all, of the funds you receive from a legal settlement must be reported as taxable income. The Internal Revenue Service (IRS) determines whether the income is taxable by evaluating what…

A very important asset of many couples involved in a divorce is a pension plan of one or both parties. As is the case with all other assets accumulated during the course of a marriage, issues…

Massachusetts divorce law considers any part of a divorce settlement to be income, and thus subjected to income taxes. The individual who receives the money or maintenance, called the payee, is…

If a person sues another, he may later choose to settle the case for a certain amount of money. If the person who commenced the lawsuit is single, then this money is his and no one else's. However, if…

A settlement is a legal document in which parties make a promise to complete or abstain from a certain action or activity. Settlements are common in many areas of law.

If you are contemplating a divorce in a country where the legal profession is split into two roles, the solicitor and the barrister, you will be able to address your questions to both your…

Retirement benefits, including military retirement benefits, are considered assets in a divorce action (rather than income). Most states divide assets equitably; however, equitable does not…

When parties are trying to determine what should be included in their divorce settlement, they often think of the obvious things, such as child support, custody, visitation, and division of most…

Once you've entered a California divorce settlement (it is entered as a Final Judgment of Dissolution of Marriage), it is difficult to change. The court allows certain changes if there is an…

There are different ways to settle a divorce, including settlement before the parties file for divorce, settlement without the help of a third party after a contested divorce has been filed, and…

As couples finalize their divorce, they're forced to address the issue of dividing their property. In community property states, this tends to be easier, because each spouse already legally owns half…

New York State is a "fault" divorce jurisdiction. Thus, in order to obtain a divorce in New York, there are four specific grounds which must be the underlying reason for the divorce action. At least…

In order to receive your spouse's pension after a divorce, you will need to have a court order that is in compliance with federal law. Verbal agreements between you and your formal spouse or divorce…

In divorce proceedings, 401(k) retirement plans are divided between spouses by the court. The courts generally consider a 401(k) to be marital property, provided that the funds it contains were paid…

Many courts have instituted a case management system for divorces, because of the length of time a divorce takes and because of the sheer number of divorces that go through the court system. A case…

Most states will not allow you to refinance your home during a divorce unless your spouse is on the new note, mortgage and deed. Also, you might have to refinance only to lower the monthly payment. If…

In order to get personal possessions back from an ex-wife, it helps to have a settlement agreement that outlines what property each individual is retaining. Get information on giving ex-spouses notice…

Divorce settlements can be an important part of the divorce process. If you can come to an agreement with your spouse, you can save yourself quite a bit on legal fees. Settlements can be filed at any…

A money market portfolio is an asset. Like all assets during a divorce, it may be divisible or could be what is considered non-marital property (in the states that recognize non-marital property).…