The Financial and personal benefits of Filing a Marital Separation Agreement

14 Sep 2020, USA

Legal separation is quite different as it is perceived to be. It is a challenging, emotionally draining decision. Through this process, the marriage is ended with the intervention of the official court.

Marital Separation Agreement puts to an end few obligations and may create many others at the same time. As you may be knowing, Kentucky is a ‘no-fault’ state; thus, no one is brave for breaking down a marriage. One must have valid reasons to believe that there is no scope of reconciliation in the marriage, and the relationship has suffered permanent damage.

Defined:

A legal separation agreement is a written deal filed with the court to addresses the rights and responsibilities of a married couple once they decide to live apart. Matters that can be addressed by the court during the process of separation include:

• Child custody and support
• Division of assets and debts,
• Visit schedules
• Alimony, etc.

Almost all the counties in the United States validate and justify a legal separation agreement except for the states of Delaware, Florida, Georgia, Louisiana, Mississippi, Pennsylvania, and Texas.

Here are the other Legal Requirements needed to fill a Legal Separation Agreement Form:

• One of the spouses needs to be a resident of the concerned county for at least six months or 180 days before filing a petition.
• Wife can’t be pregnant. If she is, the Separation Agreement can only be filed after the child has taken birth or the lady is in the last months of her pregnancy.

These requirements can, though, be avoided by using affidavits.

Far from the truth, and legal separation is entirely different and can have various kind of benefits for the partners. The prime concern is that you wish to have a legal separation that can protect you in case your spouse fails to fulfil their obligations as stated in the agreement. The agreement can be held in the court of law and enforced. Apart from peace of mind, there are a few financial benefits of a legal separation agreement that will protect you as well.

Tax Advantage while paying Spousal Support: If you have been ordered by the court to pay spousal support, you can claim a deduction during taxation. This only implies if the payments are part of the legal separation agreement.

Some Marital Benefits Retained: A legal separation agreement retains certain marital benefits. In a legal separation agreement, written consent can be mentioned to continue benefits like health insurance plans, etc. Also, you can file taxes with a marital status instead of single.

The Financial Obligations are Outlined: Who pays for what can be outlined in the legal separation agreement if you lived in your home with your spouse. A legal separation agreement lets you outline the responsibilities of each partner towards every portion of the home to keep it maintained.

The functioning of Joint Accounts Clearly Stated: For couples having joint checking, savings, and credit accounts, a legal separation agreement defines if both spouses can have access to any joint accounts. The court orders may require to close all joint bank accounts. All issues related to monetary expenditures and financial responsibilities are well outlined to protect both parties’ interests.

Apart from these financial benefits, as the definition of legal separation suggests, the couple lives separately while not breaking threads of marriage. There can be many reasons for a couple to do this. Either way, there are personal advantages to legal separation too. It opens doors to constraints for co-parenting, child support, and spousal support.

Another incomprehensible potential benefit of legal separation is that it allows separation between partners in a quicker way than divorce, which can be a periodically lengthy and emotionally tiring procedure.

While a divorce, the couple need to wait for the statutory period set by the court of law for marital status termination. Legal separation can cut short those sore times and have you and your spouse separated smoothly as compared to a traditional divorce.

What Are Hate Crimes Explained By New Mexico Civil Rights Attorneys

Albuquerque, New Mexico (release-news) August 12, 2020 - The New Mexico civil rights attorneys at Parnall and Adams Law have recently released a new informational resource for clients on their website that explains what are hate crimes and the civil rights laws that protect them. The article is guided by the firm's extensive experience helping clients fight back against hate crimes and injustice with strong, comprehensive legal plans. They hope the new article will help victims understand their rights and how to know if they are entitled to recourse.

The law firm offers some very valuable advice that can help anyone who may be questioning their situation better understand if they are a victim of a hate crime and what they can do to fight back. In the article, they explain how each citizen is entitled to certain civil rights and if they are violated, a dedicated civil rights attorney can help you make things right. They explain what civil rights citizens have and how to know if they have been breached. The expert attorneys are proud to help those who experience injustice get the representation and results that they deserve.

While this new article focuses on providing a comprehensive guide to understanding civil rights, the law firm's website also offers readers information on their team, history, and other service offerings. Parnall and Adams Law also provides creative legal solutions in the areas of personal injury, wrongful deaths, consumer fraud, and tribal law.

Parnall and Adams believe in educating potential clients so that they do not feel caught off guard or intimidated when confronted with a civil rights infringement. Their experienced and professional team of attorneys has built a loyal client base due to their proven track record and transparent approach to representation and execution. According to their team, open communication and trust are the foundation of successful attorney-client relationships.

For more information on how the civil rights experts at Parnall and Adams can help you, contact them at 505-886-4446 or visit their website at https://parnalladams.com/. Their offices are located at 5931 Jefferson ST. NE, Ste B Albuquerque, NM 87109.

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New Mexico Law Firm Discusses the Need For Uninsured Motorist Insurance

Albuquerque, New Mexico (release-news) July 22, 2020 - Parnall and Adams Law, a New Mexico personal injury law firm, has recently released a new educational resource on their website that explains the importance of uninsured motorist insurance and how not having it in the case of an accident with an uninsured driver can affect your property and chance of compensation. The article was designed by the head attorneys at Parnall and Adams to be used by vehicle owners as an informational resource that can help them understand the important details surrounding uninsured motorist insurance and what a lack of proper coverage means for them.

The attorneys at Parnall and Adams offer some very valuable information in the article that may make vehicle owners understand the risks associated with getting in accidents with uninsured drivers. In the article, they explain the different risks associated with a lack of this type of insurance including not getting the compensation for the damage to your vehicle and not ensuring your medical bills will be included. Their legal team has extensive experience dealing with cases related to drivers who have been in accidents with drivers who lacked insurance and wanted to create a new resource that explains what they have encountered over the years and why it is so important for motorists to be properly insured.

While this new resource focuses on uninsured motorist insurance and the associated risks they face, the PI attorneys website provides detailed information regarding their experience, their team, and the areas of law they cover. Parnall and Adams offer creative legal solutions in the areas of personal injury, wrongful death, consumer fraud, tribal law, civil rights, and more. They understand that nobody chooses to be a victim and that everyone deserves honest, comprehensive, and personalized representation to help them get through difficult times.

The expert attorneys at Parnall and Adams believe that each case is unique and each client deserves to be treated as an individual. To provide the best representation, they hope to get to know clients while pointing out that they must trust in their representation. Their free consultations will give clients the opportunity to make decisions based on trust and character. For more information or to schedule your free consultation, contact Parnall and Adams today at 505-886-4446 or visit their website at https://parnalladams.com/. Their offices are located at 5931 Jefferson St. NE, Ste B Albuquerque, NM 87109.

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New Website Announced For Little Rock Criminal Defense Firm

A fledgling law firm specializing in criminal defense in Arkansas has just launched a new website.  Little Rock Defense has been in existence for a little over a week now, and its two owners couldn't be more happy. Representing clients charged with probation violation, DUI, drug offenses and weapons charges, Little Rock Defense is a criminal law firm with two experienced attorneys at the helm.

 
The law firm was founded in 2018, and each of the senior partners had their own individual websites, which are no defunct. "Starting a new firm together, we really hit the ground running. Our caseloads were both constantly full, and we kept putting off the creation of this new website. We finally buckled down, and we are really pleased with what we have. We feel that the written content we have created gives the user all the information they need to move forward when they need to make a decision."
 
There are also plans for videos among numerous platforms like YouTube, and the potential of a podcast as well. The podcast would take messages and calls regarding pending cases, and the lawyers would give their best advice and counsel on the matter, free of charge. The firm is committed to releasing a constant stream of quality content, both to inform and to ideally attract business. 
 
During the Corona Virus outbreak, things have both changed and stayed the same in the criminal justice system. While face masks are essential and required and other measures are being taken like everyone's temperature being taken, the virus has not slowed the wheels of justice. Continuances are often granted for those who test positive and require quarantine, but a continuance only postpones the eventual outcome.
 
In Pulaski County, things are expected to continue as usual, regardless of the severity of the new outbreak and what lies ahead. Unlike in other areas of the country, crime and arrests are down in the Little Rock area over the summer and as a result, the court docket is not as robust as commonly is in the months of June and July. 
 

TAMPA BAY ATTORNEY OFFERS GUIDANCE ON UPDATED BANKRUPTCY PROVISION

Robert M. Geller Helps Area Businesses Seek Chapter 11 Reorganization Under New Provisions

Robert M. Geller of the Florida Bankruptcy Law Offices of Robert M. Geller, P.A. recently attended a two-day webinar presented by the National Association of Consumer Bankruptcy Attorneys.   

The webinar focused on small business bankruptcy cases under Chapter 11 subchapter V. Under the new bankruptcy code provision, which went into effect in February 2020, it is now much easier for businesses with debt under 7.5K to seek reorganization. 

The provision gives a business or an individual in business the exclusive right to file a plan.   

Moreover, the new provision allows an individual to modify the rights of a mortgage holder on their homestead if the money provided under the mortgage was not to purchase the home and was used in the person's business.   

Finally, the new provision reduces the cost of filing.   

According to Geller, "This is great news for the many individuals and business who have been financially affected by the recent Covid-19 pandemic."

The National Association of Consumer Bankruptcy Attorneys is the only national organization serving the needs of consumer bankruptcy attorneys, while also protecting the rights of consumer debtors in bankruptcy. The organization has played a role in many important consumer bankruptcy court cases and offers comprehensive educational programs for consumer bankruptcy attorneys. Their goal is to help consumer bankruptcy attorneys represent their clients more effectively.

For questions about the seminar or to learn more about The bankruptcy law offices of Robert M. Geller, visit https://www.attorneyfortampabay.com. A free "virtual" consultation can be scheduled via the firm’s website or by calling 813-254-5696.

Company: Law Offices of Robert M. Geller
Name of the submitter: Adam Wolf
Designation: - Public Relations
Toll-free number: 800-853-7549
Telephone Number: 813-254-5696
Fax Number: 813-253-3405
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Address: 807 West Azeele Street, Tampa, FL, 33606
Website : https://www.attorneyfortampabay.com/