The following form is a Property Settlement and Joint Custody Agreement.
The following form is a Property Settlement and Joint Custody Agreement.
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In Alabama, most property acquired during a marriage is going to be considered marital property. Thus, a house purchased by a husband and wife after marriage is going to be considered marital property that will be divided based on equitable distribution as determined by the court.
It's important to note that just because property was owned by one spouse prior to marriage, does not necessarily mean he or she will walk away with it. The judge may assign a greater portion of value for that house, but it will probably still be deemed marital property, the value of which is subject to distribution.
With a few exceptions, the property you buy or receive while you are married becomes marital property, regardless of whose name is on the title. Marital property is jointly owned and will get jointly divided, as close to evenly as possible, should you get divorced.
Annulments are Available When the Marriage Was Invalid from the Start Bigamy. Marriage to multiple people is illegal in the State of Alabama. ... Incest. ... Duress/Coercion. ... Underage Marriage. ... Fraud. ... Concealment of Disease.
In joint physical custody, both parents spend a lot of time with the children. Parents don't necessarily spend precisely equal periods of time with each child, but this type of custody ensures that the child has frequent contact with both parents. Joint custody is both legal and physical joint custody.
Equitable distribution in Alabama Community property states split all marital assets equally in half without regard to how long the marriage lasted or who contributed what to the marriage.
If you move more than 60 miles away from the other parent or if you move across the state line (even if the distance is shorter) you must provide more specific notice to the other parent. (As a general rule of thumb, if you move out of the county, you probably should provide this more specific notice.)
How To Keep Money Separate During a Divorce Separate Your Credit Cards and Bank Accounts. ... Separate Non-Marital Assets. ... Divide the Debts. ... Protect Your Savings During an Alabama Divorce. ... Get Legal Representation from Experienced Divorce Lawyers.