property settlement


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Words related to property settlement

(matrimonial law) the division of property owned or acquired by marriage partners during their marriage

References in periodicals archive ?
For the third time, Kim Lewis is asking that delinquent property settlement payments be brought current.
By doing so, the adjustment effectively converts the excessive payments into non-taxable non-deductible property settlement payments.
Another possibility is to enter into a property settlement note, sometimes known as a structured settlement.
As for the property in the south, assuming that there is not a mass desire by Turkish Cypriots to move back to the south, a not-for-profit real estate investment trust, with strict guidelines about phased, environmentally responsible development could develop these properties over time, which in turn could support the overall property settlement and help finance compensation.
The payouts vary from 97p for lost property to individual payments of thousands of pounds, including a PS6,150 payout to one injured inmate at Usk and a PS4,500 lost property settlement for one prisoner in Cardiff.
The payouts vary from a meagre 97p for lost property to individual payments of thousands of pounds, including a PS6,150 payout to one injured inmate at Usk and a whopping PS4,500 lost property settlement for one prisoner in Cardiff.
A transfer of marital property rights under a property settlement agreement that was incorporated into a divorce decree is not subject to gift tax.
com, citing an unnamed source, reported that Holmes, 33, and Cruise, 50, are negotiating visitation, child support and a property settlement.
If life insurance proceeds are required under terms of a property settlement agreement or a divorce decree to be paid to certain beneficiaries, arc the proceeds includable in the insured's estate?
Divorce decrees and property settlement agreements can affect the division of retirement benefits.
The Internal Revenue Service has ruled that where a divorced wife had an absolute right, under terms of a property settlement agreement incorporated by reference in a divorce decree, to annuity payments after the death of her former husband, such payments to be provided by insurance on his life maintained by him for that purpose, the former husband possessed no incidents of ownership in the insurance at his death; no part of the insurance proceeds was includable in his estate.
The nine chapters progressively address topics that include: statistics on divorce, ideas for marriage preservation, causal factors of divorce (with sections on changing family structures, the women's movement, abuse, and sex), specific considerations for men and women both younger and older, age-specific impact on children, custody and visitation arrangements, tips for the courtroom, legal issues (includes property settlement, alimony, child support, insurance, resumption of maiden name, premarital agreements, and common-law marriage), and life after divorce.
Many wives who are trying to decide whether it is better to ask for alimony or a property settlement note are caught in indecision.
Married couples, particularly in conjunction with an uncontested divorce, may draft and execute a property settlement agreement, which is a contract that divides up their property.
Meanwhile, the spokesman would not confirm whether Heather Mills would accept a scaled-down pounds 29m cash and property settlement as claimed in a Sunday newspaper.
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