Nebraska Annulment Property Settlement and Joint Custody Agreement

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Multi-State
Control #:
US-00511BG
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The following form is a Property Settlement and Joint Custody Agreement.

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  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement
  • Preview Annulment Property Settlement and Joint Custody Agreement

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FAQ

The Spouse's Share in Nebraska If you do, they and your spouse will share your intestate property as follows: If you die with parents but no descendants. Your surviving spouse inherits the first $100,000 of your intestate property, plus 1/2 of the balance.

Under Nebraska law, courts equitably divide all assets and debts acquired by either spouse during marriage, and most courts interpret equitable to mean equal. However, Nebraska courts do not divide premarital and nonmarital property, and instead award such property exclusively to one spouse.

(b) Both parties have certified in writing that the marriage is irretrievably broken, both parties have certified that they have made every reasonable effort to effect reconciliation, all documents required by the court and by statute have been filed, and the parties have entered into a written agreement, signed by ...

If it is equitable and reasonable, the court could give you 90% of the marital property and leave your spouse with the other 10%. Although that's possible, most of the time the court will award a spouse one-third to one-half of the marital property to achieve an equitable result.

Generally, the dissipation of assets in a divorce is when a spouse wastes, squanders, gifts, or hides money or property that belongs to the marriage.

Under Nebraska law, dissipation of marital assets occurs when one spouse uses marital property for a selfish purpose unrelated to the marriage at a time when the marriage is undergoing an irretrievable breakdown.

In community property states, property that one spouse had at the time of the divorce?whether it was owned prior to marriage or gifted during the marriage?would have to be divided with the other party; Nebraska is not a community property state.

The marital estate includes property accumulated and acquired during the marriage through the joint efforts of the parties; with some exceptions, the marital estate does not include property acquired by one of the parties through gift or inheritance.

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Nebraska Annulment Property Settlement and Joint Custody Agreement