Exam 8: Spousal Support, Property Division, and the Separation Agreement

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

is an example of ADR in which the parties avoid litigation by submitting their dispute to a neutral third person who helps the parties resolve their dispute; the third person does not render a decision resolving it for them.

Free
(Short Answer)
4.8/5
(40)
Correct Answer:
Verified

Mediation

A trust is a device or arrangement by which its creator (the settlor or trustee) transfers property (the corpus) to a person (the trustor) who holds legal title for the benefit of another (the beneficiary or cestui que trust).

Free
(True/False)
4.7/5
(38)
Correct Answer:
Verified

False

What is the effect of bankruptcy on alimony debts?

Free
(Essay)
4.8/5
(51)
Correct Answer:
Verified

Domestic support obligations (DSO) such as alimony debts of the payor are not extinguished (discharged) by bankruptcy. After bankruptcy, the debtor (payor) who has an alimony obligation to the other spouse (the payee) continues to owe all arrears (unpaid or delinquent alimony debts) and must continue to pay all future alimony debts.

Match each numbered entry with the most relevant lettered entry below -duty of support

(Multiple Choice)
4.9/5
(35)

Something is unconscionable if it shocks the conscience by heavily favoring one side due to the absence of meaningful choice and the highly unequal bargaining positions of the parties.

(True/False)
4.8/5
(38)

Match each numbered entry with the most relevant lettered entry below -transfer of property if you die without a valid will

(Multiple Choice)
4.9/5
(40)

alimony consists of support payments to an ex-spouse for a limited time to allow him or her to return to financial self-sufficiency through employment or job training.

(Short Answer)
4.8/5
(36)

Match each numbered entry with the most relevant lettered entry below -assume another's liability

(Multiple Choice)
4.9/5
(37)

Match each numbered entry with the most relevant lettered entry below -one document becoming a part of another document

(Multiple Choice)
4.8/5
(36)

Dissipated income can be imputed to the wrongdoer.

(True/False)
4.9/5
(39)

What is a fiduciary relationship?

(Essay)
4.8/5
(36)

A agreement is a contract by married persons who have separated (or who are about to separate) that can cover support, custody, property division, and other terms of their separation and divorce.

(Short Answer)
4.8/5
(41)

By definition, an equitable distribution of marital property must be an equal distribution.

(True/False)
4.8/5
(32)

Public policy consists of the principles inherent in the customs, morals, and notions of justice that prevail in a state; the foundation of public laws; the principles that are naturally and inherently right and just.

(True/False)
4.7/5
(42)

Match each numbered entry with the most relevant lettered entry below -treatment as a stranger

(Multiple Choice)
4.8/5
(40)

Once the spouses have executed a legally binding separation agreement, they are free to remarry.

(True/False)
4.9/5
(41)

Match each numbered entry with the most relevant lettered entry below -improper reduction of marital assets

(Multiple Choice)
4.8/5
(37)

Under the right of , when one owner dies, his or her share automatically goes to the other owners; it does not go through the estate of the deceased owner.

(Short Answer)
4.9/5
(43)

Commingled separate and marital property may be treated as marital property if clear evidence does not indicate otherwise.

(True/False)
4.7/5
(35)

Transmutation is:

(Multiple Choice)
4.7/5
(34)
Showing 1 - 20 of 38
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)