Important Facts About Divorce Law

Important Facts About Divorce Law 1

The legal process for divorcing is something you might be interested in. These are important facts that will help you decide whether it is right for you. A contested divorce may be required depending on your specific situation. You should hire a divorce lawyer if you are contemplating a contested divorce. Another option is collaborative family or divorce mediation. You will also need to submit a Statement Of Net Worth. This form is required by court and lists your assets, liabilities, and assets. Before you can file for divorce, this form will have to be signed before a notary. When you have any concerns regarding where and also the way to work with Divorce lawyers Sydney, you can e mail us in our own web site.

Child support

Child support is a court-ordered amount to provide child support. It is calculated on the basis of gross income and is governed in part by state statutes. There are several factors that influence the amount of child support.

Alimony

Alimony is a form of financial support provided to a former spouse under the terms of a divorce or legal separation. It’s intended to help the person start a new chapter in their lives after the end of a marriage. Alimony is usually awarded for one to two years depending on the length and duration of the marriage.

Joint legal custody

If parents want to share custody of their child, they can opt for joint legal custody. This arrangement allows both parents equal authority over major decisions regarding the child’s upbringing. Although it might seem burdensome to share decision-making duties with another parent, joint custody allows both parents to be involved in the child’s upbringing.

Important Facts About Divorce Law 2

Non-marital property

Divorce law distinguishes between marital and non-marital property. Non-marital property includes property a spouse acquired before the marriage. This could include inheritances or personal injury lawsuit awards. Additionally, some non-marital property can be considered marital if a spouse has contributed to the cost of a mortgage.

Prenuptial agreements

Prenuptial agreements can be used to protect assets during a separation. These documents can be used as a way to prevent assets like retirement funds and educational money from being divided between you. These documents can be used to protect your family business interests, if you have one.

Costs of divorce

Divorce is expensive. Relocation costs can run into the thousands for a local move, while family therapy sessions can run $75 to $200 per session. Learn Additional Here information about divorce costs can be found at the National Directory of Marriage and Family Counseling. When you have any sort of inquiries regarding where and exactly how to make use of Divorce lawyers Sydney, you could contact us at our webpage.