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Difference between revisions of "Dividing Property and Debts"
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Dividing Property and Debts (view source)
Revision as of 06:16, 13 February 2019
, 06:16, 13 February 2019→Can spouses agree to an unequal division of family property and family debt?
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===Can spouses agree to an unequal division of family property and family debt?=== | ===Can spouses agree to an unequal division of family property and family debt?=== | ||
Yes. Spouses can agree to an unequal division of property and debt in a ''separation agreement''' or by a court order called a “'''consent order'''”. Also, they might have made a '''marriage agreement''' when they got married (or cohabitation agreement when they began to live together) sorting out their interests in excluded property or family property. | Yes. Spouses can agree to an unequal division of property and debt in a '''separation agreement''' or by a court order called a “'''consent order'''”. Also, they might have made a '''marriage agreement''' when they got married (or cohabitation agreement when they began to live together) sorting out their interests in excluded property or family property. | ||
Courts respect agreements about property and debt division and will uphold them as long as the agreements are fair. For more on family law agreements, see our information on [[Separation and Separation Agreements (Script 115)|separation agreements (no. 115)]] and [[Marriage Agreements and Cohabitation Agreements (Script 162)|marriage and cohabitation agreements (no. 162)]]. | Courts respect agreements about property and debt division and will uphold them as long as the agreements are fair. For more on family law agreements, see our information on [[Separation and Separation Agreements (Script 115)|separation agreements (no. 115)]] and [[Marriage Agreements and Cohabitation Agreements (Script 162)|marriage and cohabitation agreements (no. 162)]]. | ||