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An Illinois marital settlement agreement is a contract that lays out how a married couple intends to manage their child care responsibilities and divide marital property after a divorce.
Montana law is clear that adultery and other types of marital misconduct do not affect alimony. Adultery also usually does not affect the courts property division during a divorce or separation.
Montana is NOT a community property state, which means that marital property is not automatically divided 50/50 between the spouses in a divorce case.
Montana Law recognizes that spouses who work as homemakers and spouses who work outside the home both contribute to the property acquired during the marriage. Property is to be divided equitably between the parties upon dissolution. An equitable dissolution is not always a 50/50 distribution.
A marital settlement agreement is a contract that sets the terms of your divorce. It covers the future relationship between you and your spouse after the divorce procedures. Further, it documents you and your spouses decisions about important issues, such as: Child custody. Visitation rights.
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A Fair Share of Assets The longer you and your partner were married, the more likely it is that you have tons of intermingled marital assets that need to be separated and divided. If your marital assets include businesses, antiques, or real estate, ensure that you are getting a fair hand in the division.
Montana does not recognize community property, which means that everything in a marriage is not jointly owned in this state. The state does, however, recognize marital property, which is acquired after the couples union. This can create some complications in dividing the estate.
How is Property Divided? Montana Law recognizes that spouses who work as homemakers and spouses who work outside the home both contribute to the property acquired during the marriage. Property is to be divided equitably between the parties upon dissolution. An equitable dissolution is not always a 50/50 distribution.
Settlements mean that the case is not decided by the Judge (Court). Instead, you and your spouse agree to resolve the matter without the Judge making a decision. Settlements can happen before the day of trial, on the day the trial is scheduled, or even in the middle of the trial.
A Separation and Property Division Agreement (also known as a settlement agreement) is a written agreement setting out how a couples property is to be divided following their separation.

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