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A Marital Division of Property Agreement is
very similar to a prenuptial agreement. However, this type of agreement can be
signed both before and during a divorce. This legally binding agreement
establishes the division of marital property in the event a couple decides to
divorce or after the death of one of the spouses.
The assets that this arrangement refers to
include both joint possessions and financial assets. The legal definition of
"property" will include real estate, automobiles, and investments. If
a couple does want to divide property equally, it may make the situation
easier. However, it is difficult to split it right down the middle. This is one
good reason to speak to a Property Division Lawyer about who gets what after a
divorce or a death.
This agreement can be signed both before and
during a marriage. Couples who choose to take this route typically hire an
attorney. Property Division Lawyers are available to help draw up the terms of
the arrangement and address the desires of their clients. Each party should
find its own representation. It is an extreme conflict of interest if the
attorney is working for both sides.
The regulations governing this sort of document
might be more complex than they appear. People are deciding on the split to
guarantee that they get the marital property they desire and need in the case
of divorce or death. This is why legal representation is critical in these
cases, and you must not try to make such crucial choices without the assistance
of a competent Property Division Lawyer.
Family law disputes can be distressing &
daunting. However, before taking on divorce, order modification, child custody,
or all other important legal matters, it would be smart & helpful to get
the best legal advice. Contact the office of Fizer Law, the topProperty Division Lawyer in Long Beach, at 1(562)-270-9944.
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