Joint Accounts in a Divorce
Oct 22, 2012
During divorce, the debt and asset division will need to be finalized before the final divorce decree can be approved by the court. When dividing joint accounts, the divorce court will also look at any...
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Division of a Family Business
Oct 22, 2012
However, if the couple doesn't arrange how property distribution should be handled in a marital agreement before divorce, division of a family business will be left up to the divorce court. Depending o...
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The Value of a Family Business
Oct 22, 2012
Determining the value of a business and how much of it is considered marital property can be difficult. Usually it is the price a willing seller and buyer with knowledge about all the relevant facts ca...
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Maintaining the Family Home
Oct 22, 2012
Typically, the divorce court will order the spouse occupying the family home to cover the costs of maintaining the family home. If only one spouse is living in the house, he or she will cover the mortg...
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Possible Places to Hide Assets
Oct 22, 2012
You spouse can hide assets in a number of places, including:
Tax Returns
Your spouse may not report the correct amount that was refunded. You can find out the actual amount by filing a form with the In...
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Searching for Hidden Assets
Oct 22, 2012
To make the debt and asset division fair, all assets, property and debt need to be presented to the divorce court. Your spouse may try to hide assets away from joint accounts in divorce. It can be diff...
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What Happens When You Try to Hide Assets During Divorce?
Oct 22, 2012
Hiding assets in divorce is illegal and can cause more trouble during the divorce process. If you try to hide assets from your spouse during divorce, most likely you may be caught.
When the divorce cou...
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Postmarital asset protection
Oct 22, 2012
Even if you do not have a prenuptial agreement, there are some ways to protect your marital assets during the divorce process. A postnuptial agreement allows couples to make a contract after the marria...
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Premarital Asset Protection
Oct 22, 2012
Premarital asset protection involves a prenuptial agreement - also known as a premarital or ante nuptial agreement. A prenuptial agreement is a contract written by a couple before marriage that details...
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Financial property
Oct 22, 2012
Financial assets don't necessarily have a physical worth like real assets will, but financial assets have value because of contractual claims. Financial assets divided during divorce may include (but a...
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