Liquidating asset studies of dating
In the law, property liquidation almost always refers to the process of selling off a bankrupt debtor's property to satisfy the debtor's creditors.
At its most basic, property liquidation is a sale of that property.
Military families struggle with finances "Another example: Most states do not allow a court to 'tax effect' retirement accounts such as pension plans or IRAs," Marcyan said.
"In a collaborative setting, the parties could tax-effect all assets, whether retirement or otherwise, so that asset values are all after tax, and therefore the final result would be fairer to both sides of the case." In addition, courts usually require substantial evidence to establish that any nonmarital asset, such as property brought into the marriage or obtained through gift or inheritance, qualifies as nonmarital, he added.
The reasons property may be liquidated or sold off are extremely varied.