Corollary relief issues are often difficult to settle—issues such as property division and child support. For example, it can be contentious, with either party claiming a slight advantage over the other. In such scenarios, you need to engage with an expert lawyer who helps you through this process and achieve the best result for your circumstances.
Contact our law firm today if you face a corollary relief issue and need help with your settlement agreement.
What is Corollary Relief?
Corollary relief is a term used to describe property division and child support. The word relates to the legal notion that two spouses each have the right for any children to half of their marital property. In most cases, the court will decide on the terms of the corollary remedy when the two parties analyze facts and determine which parties believe fair. Each spouse will be awarded half of the total value of the marital assets when it divides.
How to Determine Corollary Relief?
If your relationship fails because of extenuating circumstances such as abuse. Then you may have grounds to overturn the contract. The court considers many factors determining corollary relief. Which includes:
Value Assets at the Time of Marriage
In these cases, courts consider how much marital property there was when you get married. This includes any assets purchased during the were commingling funds. Assuming that it is fair for each spouse to receive an equal portion of the total, then the court will divide your property.
Debts Accrued During Marriage
If either one or both parties incurred debts while married, those debts would also need to get divided. As with any other asset acquired during the marriage, each spouse will be entitled to an equal share. Unless they prove to have been incurred during the time that one party was
Misuse of Marital Assets
If either party wasted marital assets during your marriage, you might have a case for an unequal distribution in which you awarded more of what is left. But, if money is lost due to circumstances beyond your control, you will not entitle to any additional funds.
The Financial Needs of Each Party
The courts must take into account the financial needs of each spouse following the divorce. This covers medical bills and expenditures of relocation and schooling—also, As other legal provisions, which would help you check your case fairly.
Issues That Can Be Difficult to Settle as Part of the Divorce Decree
In this section below, we will explain some issues that can be difficult to settle as part of the divorce decree. Most of the time people ignores anything until they face that problem with their life. However, go through each of them so that you can use this knowledge to at least share with your legal adviser whenever you face any difficulty.
Alimony
If you and your spouse married for a long time or one of you contributed to the other’s ability to earn an income. Then, alimony may be awarded.
Child Custody
If you have children from the marriage, they will need to assign one parent to live with and access the other.
Child Support
Once a child custody order is established in court. One parent gets assigned primary physical custody. Also, the other will get the order to pay child support.
Creditor Protection
If one of you has more debt than the other, your debts may assign to your spouse so that you can have a fresh start. This means that collection agencies cannot go after any joint debts if they are part of the property division.
Travel Accommodations and Spousal Maintenance
You may be eligible for spousal maintenance if you are married for more than 15 years. And your spouse lived with you while fighting cancer and other weakening diseases.
Visitation Rights
If you have children or stepchildren from a previous relationship and seek child custody. Then your ex-spouse may entitle to visitation. In this case, the court will consider how much time they should spend with their children.
Final Words: What Can Lawyers Do for Me?
The legal staff at the law firm can explain the process of corollary relief to you. As you may already know, these proceedings are complex and need extensive knowledge of court procedures—also, as an understanding of what will work best for your specific situation.
You may also have the lawyers in our firm helping you to understand how the division of assets or child custody affects your family. Our staff has years of experience in family and divorce law. So, they will be able to offer you valuable advice on what to do next.
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