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Jul 4, 2017
Does The “Date” Of Separation Really Matter?
It most certainly does. The date of separation is the date that will determine the value of the spouses’ assets and debts for equalization and support purposes. In other words, the date of separation is considered the valuation date. However, in most families, separation is not a day, but a process. Couples experience ups and downs, break-ups and reconciliations. But later, when they eventually seek legal advice, they discover that the division of their property is predicated on...