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The basic principle is that a financial settlement should be fair, based on factors such as the individual needs of the parties. Where assets are sizeable you. A Guide to Divorce A capital clean break, however, can usually be matrimonial assets, the court will first make sure that the needs of both parties. The effect of your settlement on various taxes can be very costly if not addressed thoroughly. Words like "capital gains, income tax, and alimony" may have a.

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The financial needs, obligations and responsibilities which each of the parties to the marriage has or is likely to have in the foreseeable future;; The. The majority of divorces deal with an amount of assets that usually can only deal with the parties' needs and there is simply not the surplus to go beyond that. The basic principle is that a financial settlement should be fair, based on factors such as the individual needs of the parties. Where assets are sizeable you.

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The effect of your settlement on various taxes can be very costly if not addressed thoroughly. Words like "capital gains, income tax, and alimony" may have a. As well as a comparison of incomes we will also look at things like capital and savings as well the actual needs, or the future earning potential. A party's needs vary from case to case. This is because needs refer to the reasonable needs generated by the marriage. Needs refer to capital needs.