UNIT 6 LAW 209 HOMEWORK

docx

School

American Military University *

*We aren’t endorsed by this school

Course

209

Subject

Law

Date

Jan 9, 2024

Type

docx

Pages

5

Uploaded by ProfessorRam11604

Report
Understanding property in a divorce Property in a divorce Beverly Baxter Post University Law 209: Family Law and Practice Professor Levy 07 August 2022
Understanding property in a divorce Marriage is supposed to be something beautiful and when you fall in love with that person you want to spend the rest of your life with. However, it doesn’t always happen, and divorce can be emotional and heartbreaking especially when property is involved. We will discuss these three properties: Separate, Community, and Common-law in this essay. Separate Property which is, “property that is (1) acquired by one spouse before marriage and brought into the marriage, or (2) is acquired by one spouse by gift, will, or inheritance during the marriage, or (3) is any other property that is not marital or community property. Community Property is, “property in which each spouse has a 50 percent interest if the property was acquired during the marriage other than by gift, will, or intestate succession (inheritance) to only one of the spouses. Lastly, Common-Law Property is, “property acquired during the marriage in a state other than a community-property state. (Older definition: property acquired during the marriage that is the separate property of the spouse who earned it or who has little to it.” Each of these properties are different in their own way. However, some share some similarities as well. The difference between the three is. Separate property applies to all states and before a marriage or brought into it. With Community and Common-Law Property. Community property unlike Separate property has community property states which are. Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Every other state are common-law states and common-law property states. Alimony is money or other property paid as a duty to fulfil the support to a spouse after a divorce or legal separation. There are 14 types of alimonies. Alimony in Gross , “Alimony in the form of a single (lump-sum) payment. Also called lump-sum alimony.” Alimony Pendente , “Alimony pending the outcome of the litigation or court case. See temporary alimony below.” Bridge-the-Gap Alimony , “See rehabilitative alimony.” Caregiver Alimony , “Alimony for an ex-spouse who cannot be self-supporting because of his or her need to care for a disabled child.” Durational Alimony , “See Rehabilitative Alimony.” Incapacity Alimony , “Alimony, usually long-term, for an ex-spouse unable to be self-supporting because of a physical or mental incapacity.” Lump-Sum Alimony , “See Alimony in Gross.” Permanent Alimony , “Alimony that is awarded periodically (e.g., monthly) until a designated date or indefinitely without a
Understanding property in a divorce termination date. Also called traditional alimony.” Rehabilitative Alimony , “Support payments to an ex-spouse for a limited time to allow him or her to return to financial self-sufficiency through employment or job training. (Also called durational alimony, transitional alimony, and bridge-the-gap alimony.” Reimbursement Alimony, “Alimony that repays an ex-spouse who worked or made other financial contributions during the marriage so that the other spouse could obtain training or otherwise enhance his or her future earning capacity. Also called restitutional alimony.” Restitutional Alimony, “See Reimbursement Alimony.” Temporary Alimony, “Alimony awarded on an interim basis before the court makes its final decision on alimony. Also called alimony pendente lite.” Traditional Alimony, “See Permanent Alimony.” Transitional Alimony, “See Rehabilitative Alimony.” Determining if alimony is appropriate depends on a couple of factors which are. “(a) there is little or no marital property to divide or (b) the more needy spouses ability to earn a living after the separation is hampered by a lack of job skills, age, and/or by a need to care for children.” Furthermore, court-order alimony is explained in the Uniform Marriage and Divorce Act (UMDA): “A model statute on marriages and divorce proposed to the states for adoption.” All states ae not in agreeance with UMDA where alimony should be awarded without regard to marital misconduct. I can see why and agree as it does give judges discretion when and how alimony is awarded. In closing, just because someone is married, knowing they are not entitled to everything from their spouse can further help them in obtaining what type of alimony if any is best for them and also what type of property their divorce best falls under.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Understanding property in a divorce References Statsky, W.P. (2021). Family Law (7 th ed.). Cengage, P. 323 https://ambassadored.vitalsource.com/reader/books/9781337917612/pageid/342 Statsky, W.P. (2021). Family Law (7 th ed.). Cengage, P. 325 https://ambassadored.vitalsource.com/reader/books/9781337917612/pageid/344 Statsky, W.P. (2021). Family Law (7 th ed.). Cengage, P. 307 https://ambassadored.vitalsource.com/reader/books/9781337917612/pageid/326 Statsky, W.P. (2021). Family Law (7 th ed.). Cengage, P. 308 https://ambassadored.vitalsource.com/reader/books/9781337917612/pageid/327
Understanding property in a divorce