When a family unit enjoying the economies of scale breaks up, a reorganisation of the family's financial resources is inevitable. As more than 80% of Singapore's population live in HDB flats, the HDB flat commonly constitutes the single most substantial asset for division after a divorce. ...
It is likely that you and your spouseacquired many assets during your marriage. A home, cars, furniture, stocks and pensions are examples. In a divorce, these marital assets will need to be divided. In North Carolina, this division can be done in one of three ways: ...
Upon divorce, marital assets in most U.S. states are divided equitably, often with the underlying legal purpose of equalizing outcomes. To examine whether decisionmakers value economic considerations, such as opportunity cost, specialization, and bargaining power, we conducted a vignette study in ...
I recently read an interesting article involving divorce and division of assets. Sue Ann Arnall, who divorced oil magnate Harold Hamm in Oklahoma, intends to move forward with her appeal of the November 2014 Divorce Order even after cashing a $975 million check from the Husband which was the ...
particular state that you reside in, but it certainly creates a lot of uncertainty regarding property division. One of the reasons attorneys do extensive discovery during the divorce process is to fully understand the extent of the parties’ financial situation, including the value of their assets....
Being a divorce lawyer in Hong Kong, I often need explain to clients the law on the distribution of matrimonial assets and maintenance on divorce in Hong Kong. Actually, adjustment of matrimonial assets and maintenance are generally two related aspect of one issue, which means the transfer of ...
In Colorado, property division matters associated with a divorce are governed by the doctrine of equitable distribution, which states that property and assets must be split in a fair, but not necessarily equal, manner. Arriving at an equitable way to divide assets can be a complicated process, ...
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“Under Article 839-2 of the Korean Civil Act, either spouse may request a division of marital assets accumulated during the marriage upon the divorce in Korea.” The firm pointed to a 2018 ruling by South Korea’s Supreme Court that confirmed cryptocurrency and virtual assets are considered pr...
This paper examines the incentives that divorce laws concerning property division can have for divorce and investment in marital assets. In particular, it notes the spread of equal division of matrimonial property. Canada and 10 US states currently use a community rule, which divides matrimonial ...