Today, it is common for couples to live together before they get married. Unmarried couples that are living together have the option to create a cohabitation agreement that can protect their rights as a couple in addition to providing protection for each person’s individual rights and assets. Cohabitation agreements are created for many reasons..
When it comes to the distribution of property in divorce, the most important identification is whether property is labeled as marital, separate, or commingled property. In a divorce, only marital property is split between spouses, whereas each spouse gets to keep his or her separate property. Failure to properly identify property could mean leaving thousands..
Part of every divorce is the splitting of marital assets between spouses. This includes real estate, cars, furniture, jewelry, art, and other personal property items. Marital assets can also include retirement accounts, pension plans, and other accounts. For some, it may be necessary to include a qualified domestic relations order (QDRO) as part of the..