Legally partitioning the property means bringing it to a court proceeding to force its sale or physical division and dividing the proceeds among co-owners. In most cases, the physical division of real property is impossible or impractical. The court, therefore, generally orders its sale via auctio...
Be prepared to offer more information as needed. Underwriters will also conduct a title search to ensure the seller legally owns the home and an appraisal to make sure the home value is worth the purchase price. This process of underwriting may take a few days or weeks. ...
Setting up a business bank accountcan make managing your business finances much simpler. Abusiness bank accountcan also help you remain legally compliant. It’s easier to attain a business credit card and merchant services with a business checking or savings account. You receive limited personal li...
It creates the presumption that the house is separate property belonging to one spouse and not the other. This is where things can get complicated. Although only one person legally has title to the house, if the other spouse contributed earnings to pay the mortgage or other expenses during ...
you'll need to address not only custody, but visitation and child support. Decide how you're going to divide both property and debts. Determine whether one of you will pay spousal support, or alimony, to the other. You should cover all the same issues you would have to address if you ...
All other property is marital property. Absent an agreement of the parties, the judge will divide the marital property “as the court deems just,” after considering any relevant factor, including: Economic circumstances, including the desirability of awarding the family home, or the right to live...
today. The red-blue divide has destroyed the America I grew up in. But here in Europe, no one ever asks about American political issues… except to wonder what I think of my homeland’s decline. “And those conversations are more curiosity than confrontation. When I visit the U.S., ...
You can use a calculator or the simple interest formula for amortizing loans to get the exact difference you’ll pay with different APRs. And since lenders can legally charge APRs into the double digits, you may get stuck paying a significant amount in interest — even if you borrow a small...
the judge is directed to divide the property “as appears just and equitable, having regard for the respective merits of the parties and the condition in which they will be left by the divorce, the party through whom the property was acquired and the burdens imposed upon the property for the...
How to file for divorce in IdahoThe fastest and easiest way is to make a sworn stipulation, which is an agreement between the spouses to divide their property and assets without a trial. Otherwise, the state website provides each form and step-by-step instructions for a self-service process...