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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 coup... more

Property division is among the most intricate parts of a divorce because of the sheer number of items that must be distributed between spouses. It may take a long time to come to an agreement that both people feel is fair and equitable, the two guidelines that property division arrangements hinge on. With that in mind, it can be beneficial to understand the basics of dividing property, be familiar with the rules, and know what it takes to finalize your divorce with the terms you want.   "Equitable Division"  ... more

Divorce has many complexities, but one of the most problematic aspects of a divorce settlement is making claims for asset distribution. The decision is largely dependent on the union's unique circumstances and might have a variety of results. It is difficult to anticipate the results of your settlement, but recognizing your state's laws and the criteria the court will examine is a good first step toward understanding the distribution of your shared marital property.   Whether a marriage lasts 5years or 35 years, the... more