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Difference between revisions of "Dividing Property and Debts"
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→Can spouses agree to an unequal division of family property and family debt?
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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 or cohabitation agreement sorting out their interests in excluded property or/and family property when they got married or began to live together. | 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 or cohabitation agreement sorting out their interests in excluded property or/and family property when they got married or began to live together. | ||
Courts respect agreements about property and debt division and will uphold them as long as the agreements are fair. For more information on marriage agreements and cohabitation agreements, refer to script [Marriage Agreements and Cohabitation Agreements (Script 162)|162]] on “Marriage Agreements and Cohabitation Agreements”. | Courts respect agreements about property and debt division and will uphold them as long as the agreements are fair. For more information on marriage agreements and cohabitation agreements, refer to script [[Marriage Agreements and Cohabitation Agreements (Script 162)|162]] on “Marriage Agreements and Cohabitation Agreements”. | ||
==Can the court divide excluded property?== | ==Can the court divide excluded property?== | ||