Person or legal entity who takes over when the first named trustee steps down or is unable to fulfill his or her trustee duties.

Final settlement agreement which is submitted to the court in a divorce in which all issues are settled. Your signed Stipulated Judgment paperwork is submitted to the court for approval.…

Refers to the value at the time of the death of an owner or co-owner. Rather than using the original purchase price, the deceased owner’s basis is calculated as the…

Person to whom you are [legally] married.

Income supplement or replacement for a spouse who earns less than his or her marital partner. Spousal support is generally considered to be taxable income for the person who receives…

When a divorce is started, a Petition or Complaint is filed with the court. That document needs to be given to the other party, which is called Service of Process.…

Many people confuse the idea of separating (living apart) from Legal Separation. It’s legal to live separately, but some people need help in figuring out who will pay which joint…

A written document that outlines the financial, support, and custody arrangements which is signed by both parties and approved by the court.

Many people confuse the idea of separating (living apart) from Legal Separation. It’s legal to live separately, but some people need help in figuring out who will pay which joint…

All property which is not community property. This typically includes property acquired before marriage (pre-marital) or post-separation as well as inheritances and gifts.