New Hampshire Checklist of Matters to be Considered in Drafting an Agreement for Division or Restoration of Property in Connection with a Proceeding for Annulment of a Marriage

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This form is a checklist of matters to be considered in drafting an agreement for division or restoration of property in connection with a proceeding for annulment of a marriage.

Title: New Hampshire Checklist of Matters to Consider in Drafting an Agreement for Division or Restoration of Property in Connection with a Proceeding for Annulment of a Marriage Introduction: In New Hampshire, when a couple decides to file for an annulment of their marriage, it is essential to draft a comprehensive agreement for the division or restoration of property. This checklist aims to provide a detailed description of the matters that should be considered while drafting an agreement, ensuring a fair and equitable distribution of assets and liabilities. This checklist is applicable to all types of annulment proceedings in the state of New Hampshire. Keywords: New Hampshire, checklist, matters to be considered, drafting an agreement, division of property, restoration of property, annulment of marriage. 1. Definitions and Scope: — Clearly define the scope and purpose of the agreement, stating its applicability to the division or restoration of property in connection with the annulment of the marriage. — Specify the legal framework to be followed, referencing relevant New Hampshire laws and regulations pertaining to property division. 2. Identification of Assets and Liabilities: — List all assets and liabilities owned individually or jointly by both parties at the time of marriage. — Include real estate properties, financial accounts, vehicles, investments, personal belongings, retirement accounts, debts, mortgages, loans, and any other significant assets or liabilities. 3. Valuation of Assets: — Determine the current fair market value of all assets through professional appraisals or reliable valuation methods. — Consider engaging professionals specializing in appraisals for complex assets like businesses and real estate. 4. Categorization of Assets and Liabilities: — Segment assets into marital property (acquired during the marriage) and separate property (owned before marriage or acquired through inheritance or gifts). — Classify liabilities as marital debts or separate debts. — Clearly identify any commingled assets that may contain both marital and separate components. 5. Division or Restoration of Marital Assets: — Determine the most equitable division of marital assets based on the unique circumstances of the couple. — Evaluate factors such as the length of the marriage, financial contributions, homemaking contributions, income disparity, individual needs, and other relevant considerations. — Consider mediation or collaborative methods to resolve disputes and reach a mutually agreeable division. 6. Distribution of Separate Assets and Liabilities: — Establish the ownership and handling of separate property, ensuring these assets are returned to the respective individual or handled fairly. — Address any claims of reimbursement or equitable distribution for separate contributions made during the marriage. 7. Settlement of Marital Debts: — Determine responsibility for paying off marital debts, including credit cards, loans, and mortgages. — Specify how the debts will be divided or allocated between the parties. 8. Spousal Support and Maintenance: — Address any agreements regarding spousal support or maintenance obligations, if applicable. — Consider the duration, amount, and potential modifications of spousal support to ensure fairness. 9. Child Support and Parenting Matters: — Create a separate agreement or reference an existing one if children are involved. — Address child support obligations, parenting plans, custody arrangements, visitation rights, and any relevant matters consistent with New Hampshire child custody laws. Conclusion: By following this detailed checklist, individuals seeking a divorce in New Hampshire can ensure that their agreement for the division or restoration of property in connection with an annulment of marriage is comprehensive, fair, and in compliance with relevant New Hampshire laws. Seeking legal counsel during this process is strongly encouraged to ensure all aspects are properly addressed.

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FAQ

There are required fees to the annulment process, specifically, a court filing fee of $100.00, a Department of Corrections Parole and Probation report fee of $100.00, and a state police administrative fee of $100.00 to remove the annulled CHRI from both the state and FBI criminal history.

An annulment is different than a divorce in that it is granted by a judge and has the legal effect of "erasing" the marriage as if it never existed. You may seek an annulment if the marriage should not have been granted in the first place, not just to reverse a bad decision.

New Hampshire Annulment Laws There are many reasons that a couple or a spouse may seek an annulment. Under New Hampshire law, Title XLIII, Chapter 487, an annulment can only be granted on the following grounds: The marriage was not consented to by a parent or guardian. In New Hampshire, the age of consent is 18.

In New Hampshire, the easiest way to get your uncontested divorce on the fast track is to file a joint petition for divorce?meaning you'll work through the divorce process together with your spouse.

The state will grant a legal annulment if your marriage meets one of he conditions for a ?prohibited marriage? under the law: A partner or both partners in the marriage are minors (younger than 18 in New Hampshire), and the parent or guardian did not consent to the marriage.

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New Hampshire Checklist of Matters to be Considered in Drafting an Agreement for Division or Restoration of Property in Connection with a Proceeding for Annulment of a Marriage