IS CASH considered an asset in divorce?

Cash balances, stocks, bonds, insurance policies, security deposits, retirement accounts, and investment portfolios are also considered assets. Even assets that cannot be readily liquidated for the value must be included such as patents, businesses, or publishing rights.

mediationadvantage.com - What Will Be Considered Assets In The Divorce?

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Your assets will influence many areas of your divorce. It is important you identify and properly value all of them. You must know what is considered an asset to do this. The legal definition of an asset in a divorce is anything that has a real value. Assets can include tangible items that can be bought and sold such as cars, properties, furniture, or jewelry. Collectables, art, and memorabilia are frequently over looked assets because their value is often hard to ascertain. Cash balances, stocks, bonds, insurance policies, security deposits, retirement accounts, and investment portfolios are also considered assets. Even assets that cannot be readily liquidated for the value must be included such as patents, businesses, or publishing rights. Assets can also include anything with future value, such as a tax refund or accounts payable. You and your spouse must disclose all your assets whether you mediate your divorce or take it to court. You will have to itemize them and provide a fair market value in either case. You must include jointly held assets as well as assets you acquired prior to the marriage. The financial statement forms you will fill out will indicate what kind of information you must provide. Speak with a divorce mediator about your case if you still have questions on identifying your assets. A skilled mediator can help you and your spouse identify your assets. You and your spouse can negotiate your asset division once they have all been itemized. Your assets may influence your child support obligation, your alimony, and the division of your debts as well. A spouse with more assets may be expected to pay more child support or alimony or take on more debt. You and your spouse may divide your assets on your own if you can agree on it. You can sell certain assets to pay off debt, or one spouse can take the family home in exchange for other assets. This is something your mediator can help you with. The court will divide your assets using the principle of equitable distribution if you cannot agree with your spouse. The court will divide your assets in a way that seems fair, but you will lose some control over the process. If you have questions about asset division, contact Mediation Advantage Services for expert family law help. Experienced in complex divorce mediation, Law Office of Polly Tatum can help you and your spouse divide your assets in a way that benefits both of you. Based in historic Worcester with a satellite office in Northboro, MA, our firm serves all cities and towns throughout Massachusetts and Worcester County including, Auburn, Paxton, Leicester, Sutton, Grafton, Shrewsbury, Westboro, Northboro, Southboro, Holden, Sterling, Princeton, Worcester, Charlton, Millbury, Dudley, Spencer, Brookfield, Sudbury, Natick, Framingham, Hopkinton, Milford, Blackstone, Leominster, Fitchburg, Acton, Jefferson, Barre, Oakham, Cambridge, Newton, Marlboro, Lancaster, Bolton, and Hudson. Call our office at (508) 466-4734, fill out our online form, or email us at [email protected] today to schedule your Complimentary Mediation Success Planning Session. You can also sign up for our eNewsletter or download our free e-book for more information regarding divorce in Massachusetts.

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What is the meaning of John 12 1 11?

Jesus is so free that he accepted the very expensive homage he received from Lazarus' sister: he was a friend of Lazarus and his sisters, and could understand how grateful they felt for bringing their brother back to life. He was gracious in his attitude towards Mary, and praised her act of love towards him.

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Six days before the Passover Jesus came to Bethany, the home of Lazarus, whom he had raised from the dead. There they gave a dinner for him. Martha served, and Lazarus was one of those at the table with him. Mary took a pound of costly perfume made of pure nard, anointed Jesus' feet, and wiped them with her hair. The house was filled with the fragrance of the perfume. But Judas Iscariot, one of his disciples (the one who was about to betray him), said, 'Why was this perfume not sold for three hundred denarii and the money given to the poor?' (He said this not because he cared about the poor, but because he was a thief; he kept the common purse and used to steal what was put into it.) Jesus said, 'Leave her alone. She bought it so that she might keep it for the day of my burial. You always have the poor with you, but you do not always have me.' When the great crowd of the Jews learned that he was there, they came not only because of Jesus but also to see Lazarus, whom he had raised from the dead. So the chief priests planned to put Lazarus to death as well, since it was on account of him that many of the Jews were deserting and were believing in Jesus.

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