Delaware Sample Letter for Divorce or Separation - Request to Account for Property

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US-0323LTR
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This form is a sample letter in Word format covering the subject matter of the title of the form.
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  • Preview Sample Letter for Divorce or Separation - Request to Account for Property
  • Preview Sample Letter for Divorce or Separation - Request to Account for Property
  • Preview Sample Letter for Divorce or Separation - Request to Account for Property

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FAQ

What You Should Include in a Divorce Letter Start the letter with something like ?The previous night was tough on me. ... An explanation of your decision. ... How to proceed with the next steps. ... Your name, your spouse's name, and the date you sent the letter.

To put it into simple terms, divorce is the legal termination of a marriage. It is a permanent solution to a broken relationship that cannot be mended. The main difference between being separated and divorced is that both parties can remarry once the divorce is finalised.

Delaware is not a community property state. A judge will decide what is an equitable division of marital property in a divorce if you and your spouse cannot agree. There are specific factors the Court must consider that are set out by statute.

Contrary to popular belief, Delaware is not a ?50/50 State? and the Court may divide the marital assets and debts in any equitable manner.

Most divorcees have three options when it comes to the marital home: (1) both keep the home temporarily; (2) one ex keeps the house and refinances the mortgage, which removes the other ex from the loan; or (3) sell the house and split the equity.

Ordinarily there is a division of percentages. You might see the marital property divided 50/50, 60/40, 70/30, or 55/45, depending on all of the factors that the court is going to examine. Some more factors Courts will examine include: Age and health of couple.

Separation in Delaware There is no separate ?legal separation? provision in our state. However, spouses wishing to live apart but not necessarily divorce can negotiate a Separation Agreement in Delaware. Generally, in this case, spouses are in agreement regarding the ending of the marriage.

Delaware is what is called an ?equitable distribution? state. This means that marital property means all property acquired during the marriage (even if in just one spouse's name) and will not automatically be split 50/50 in a divorce. Instead, the Court will decide what kind of split is ?equitable? or fair.

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Delaware Sample Letter for Divorce or Separation - Request to Account for Property