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Legal Separation Property Agreement

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Legal Separation Property Agreement

    április 10, 2021  No Comments

The court entrusts the spouse who: the family property does not include excluded property, more ownership (and less debt). You do not need to divide the value of the excluded property equally if you separate or divorce. This includes the property you had before the start of your relationship. These include gifts and estates you received before or during the relationship, as well as claims such as insurance compensation. For more information, please consult the real estate division and debts after separation. Another common situation occurs when you or your spouse or partner have a pension or a pre-marriage pension. The contributions you made to your retirement prior to your marriage or registered national partnership are separate properties. Contributions made after the date of marriage or registration of the national partnership and before your separation are a common property. After separation, these contributions become a separate property. The exact way the pension is distributed is complicated, and you may need an expert in retirement plans to help you find out.

In some situations, if you each have a pension, you can keep your own pension. But you have to be sure of the value of each pension. If you don`t have marital property, joint debt and no children, you probably don`t need a marital separation agreement to get a divorce without error. However, if you want to ensure the future governance of your relationship and provide the court with additional evidence for the day you separated, you should have a marriage separation agreement. An agreement leaves no doubt about the details of the end of your marital relationship. It is better to have a clearly written agreement than to rely on verbal agreements. Quasi-co-ownership is any type of property acquired either by one or both spouses or by national partners, if they lived in another state which, had it been acquired during life in California, would have been considered joint property. In other words, if you or your spouse or partner lived outside of California during your marriage or partnership and you had income, you were buying real estate or you were acquiring other types of real estate that would be co-owned in California, this property is called quasi-community ownership.

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