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When a couple decides to divorce , one of the issues that will have to be addressed is the division of their property and debt. Generally, the court will resolve this in one of two ways: equitable distribution or community/separate property . Let's have a look at both.
Equitable distribution is considered to be a fair (but not always equal) distribution of all the marital property and assets. Typically, the spouse with the higher income will receive a larger portion of the distribution based on the assumption that they contribution more financially to the union. Equitable distributions are used in all states except community property states.
Community property or separate property. Separate property consists of property and assets that were acquired prior to the marriage as well as inheritances, personal injury awards and workers compensation, even if it was received during the marriage.
Community property is any property and assets that were acquired during the marriage (with the few exceptions noted above) and is divided equally between the two parties. Arizona , California , Idaho , Louisiana , Nevada , New Mexico , Texas , Washington , Wisconsin and Puerto Rico are all community property states.
What else can I help you with?
How long does a spouse have to be separated before getting a divorce in Florida?
Florida law does not require a separation period before obtaining a divorce. Perhaps you are referring to the Marital Separation Agreement, which is the process of distribution of joint property/assets.
Is property acquired after separation in Pennsylvania considered marital property?
In the state of Pennsylvania, property that is acquired after legal separation is not considered property purchased during the marriage. The only time that property is considered joint after legal separation is if joint marital funds are used.
What does the separation of powers refers to?
The separation and distribution of the power of the government among the three branches of the national government.
Are same-sex partners in the Australian state of Queensland recognized by law in the distribution of property upon separation?
Yes, laws in this area have been amended to include same-sex couples.
What are other words for division?
breaking, distribution, separation, divide
A mixture of uneven distribution and easy separation is called?
HETEROGENEOUS
What does the term Separation of powers refer to?
The separation and distribution of the power of the government among the three branches of the national government.
Which is not a property of the standard normal distribution?
"It is discrete" is not a property.
In Florida can you protect assets solely acquired during a separation from your spouse from being included and partitioned as marital property?
Yes. Florida allows married couples to hold property as separate entities and such property is usually not subject to distribution between spouses when the marriage is dissolved. In those states that are not community property states, the law provides for equitable distribution, meaning one spouse may receive a larger portion of marital property than the other, depending upon the individual's circumstances.
Examples of horizontal distribution of power?
Checks & Balances and Separation of Powers
A mixture of uneven distribution and easy separation is called homogeneous?
Actually, a mixture with uneven distribution and easy separation is called heterogeneous, not homogeneous. Homogeneous mixtures have a uniform composition and cannot be easily separated into their individual components.
Is polarity a physical or chemical property?
Polarity is a chemical property. It arises from differences in electronegativity between the atoms forming a molecule, resulting in an uneven distribution of charge and a separation of positive and negative regions within the molecule.
