Financial agreement between spouses

English translation: agreed financial settlement

17:17 Jul 7, 2010
English language (monolingual) [PRO]
Law/Patents - Law (general) / Family Law and Divorce
English term or phrase: Financial agreement between spouses
Hello,

I am looking for the term that is used for the financial agreement that need to be reached/agreed by the spouses before the case reaches the Decree Absolute point during their Divorce proceedings.

Many thanks,
lafresita (X)
United Kingdom
Local time: 18:38
Selected answer:agreed financial settlement
Explanation:
As I understand there is already an ongoing divorce proceeding I think that it is the most suitable option.

Best Regards
S
Selected response from:

Stanislaw Czech, MCIL CL
United Kingdom
Local time: 18:38
Grading comment
Serdecznie dziekuje!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +2agreed financial settlement
Stanislaw Czech, MCIL CL
4 +1monetary settlement
Lynda Bogdan (X)
4prenuptial agreement or marriage contract
Ellen Kraus


  

Answers


57 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
financial agreement between spouses
prenuptial agreement or marriage contract


Explanation:
concerning property rights with regard to the assets of the couple

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Note added at 1 Stunde (2010-07-07 19:07:53 GMT)
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to make it clearer, I would term it "prenuptial agreement (or contract) with separation of property" . It covers the regulations as to the couple´s finances.

Ellen Kraus
Austria
Local time: 19:38
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 22
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
financial agreement between spouses
monetary settlement


Explanation:
This is not prenuptial but takes place during the divorce negotiations.

Lynda Bogdan (X)
Canada
Local time: 11:38
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  Tina Vonhof (X)
16 hrs
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5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
financial agreement between spouses
agreed financial settlement


Explanation:
As I understand there is already an ongoing divorce proceeding I think that it is the most suitable option.

Best Regards
S

Example sentence(s):
  • There can be many aspects to a financial settlement and it’s not always just about dividing up the equity from the sale of your home.

    Reference: http://www.divorceresource.co.uk/Settlement.html
    Reference: http://www.family-lawfirm.co.uk/finances/default.aspx
Stanislaw Czech, MCIL CL
United Kingdom
Local time: 18:38
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 8
Grading comment
Serdecznie dziekuje!

Peer comments on this answer (and responses from the answerer)
agree  Tina Vonhof (X): But without 'agreed' - a settlement already implies agreement.
16 hrs
  -> Thank you for your comment - I agree that from the point of view of logic "agreed" is redundant however it seems to be quite commonly used as a fixed expression.

agree  Rolf Keiser: with Tina
18 hrs
  -> Thank you :)
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