|
A Divorce Glossary
By Nathan Dawson |
|
|
Attorney at Law
A state-licensed advocate who is hired to prepare, manage and try a case in
court.
Alternative Dispute Resolution
A process of negotiation, mediation and arbitration, in lieu of a trial, as
a way to resolve issues pertaining to a judgment of
divorce.
Case Information Statement (CIS)
A financial document specifying the details of your respective incomes,
expenses, assets, and debts.
Child Support
Money paid by one ex-spouse to another toward their child’s expenses.
Common Law Marriage
A marriage without a license or ceremony in which the couple cohabitated for
a minimum number of years (varies from state to state).
Default
Failure to do something (such as make a payment) on time.
Discovery
The legal procedures used to gather all the facts necessary to settle a case
or to prepare the case for trial.
Dissolution of Marriage (Divorce)
The legal separation of a married couple so that each one may be free to
marry again.
Equitable Distribution
A fair division of the assets acquired during your marriage.
Inventory and Appraisement
A list of jointly-owned property along with the current value of each one.
Joint Legal Custody
An agreement in which a divorced couple share the rights and
responsibilities of making major decisions about their child’s life.
Joint Physical Custody
The shared right to have a child live with one or the other parent at
different times of the week or year.
Judgement of Divorce
A legal document following a settlement or trial that grants a divorce and
states the court’s decisions with regard to alimony, support, custody,
visitation rights, and equitable distribution.
Maintenance
Alimony or child support payments
Marital Settlement Agreement
An out-of-court agreement that resolves all issues surrounding a divorce.
Mediation
A process by which a dispute is resolved and an agreement between two
parties is reached with the assistance of a disinterested third party known
as a mediator.
Non-Marital Property
Property that belongs exclusively to either the husband or the wife and, as
such, cannot be divided between the two.
No-Fault Divorce
A divorce granted with the mutual agreement of two spouses, or when one
spouse has left the marriage for a certain period of time (varies by state).
Rehabilitative Alimony
Alimony that helps the ex-spouse to become self-reliant.
Separation
The absence of one spouse from the household before a divorce.
Separation Agreement
A temporary agreement with regard to support, child custody and property for
the period between the onset of separation and the granting of a divorce.
Spouse
A husband or wife
Support
Payment due to one spouse from the other regarding housing, food, clothing,
and other expenses.
Transfer
To switch legal ownership from one person to another.
Verification Statement
An oath declaring that the information stated in a document is true.
Visitation
The right for a non-custodial parent to visit his or her child.
Nathan Dawson writes for a great
online source for finance information.
Article Source :
www.womenbrands.com
|