property settlement notes: Property Settlement Notes in Divorce
- 06/07/16 03:23 AM
Property Settlement Notes in Divorce Jody Bruns, CDLP, CMMU® Property Settlement Note – a deferred payment in property settlement used to equalize property. Used to equalize property Not taxable to recipient Does not survive bankruptcy Very often when divorcing couples negotiate the terms and conditions of a property settlement, they agree to a structured settlement, which is a series of smaller payments paid over time, as opposed to a lump-sum payment. In this routine, a series of payments over a period of time comes to more than the agreed upon settlement sum because the recipient normally receives interest to compensate for the delayed … (1 comments)
Property Settlement Notes in Divorce
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