Divorce Records: Final Decree Of Divorce
An important divorce record that is filed is the Final Decree Of Divorce. This Final Decree Of Divorce is kept on file at the jurisdictional court in which the decree was granted. In addition, copies of the Final Decree Of Divorce are given to both the petitioner and the respondent. This particular divorce record outlines a number of terms that are required to be fulfilled by both parties involved with the divorce. Two of the most important components of this legal document concerns the care of any children that will be affected by the divorce and the equitable division of the marital estate. Care Of The Children The Final Decree Of Divorce outlines the care, support and the visitation rights that are to be adhered to regarding the minor children. This particular divorce record will outline who is to be the sole managing conservator and who will be the possessory conservator. Specifically, the sole managing conservatory is the parent that has custodial care of the child. The possessory conservator generally will have visitation rights that include caring for the child on alternate holidays, summer vacations, specific days of the week, etc. In addition, this divorce record will outline, who has the responsibility to provide financial support for the child. That financial support, will probably include child-support payments and provision of health insurance. In addition, this decree will outline, when the child-support payments are to be made and what the amount of the payment will be. Division Of The Marital Estate Another major component of this important divorce record is how the accumulated possessions, during the marital union, are to be divided. This process is accomplished in that any banking accounts, life-insurance policies and properties are to be disclosed. In addition, there needs to be the full disclosure of any indebtedness occurred by either one or both members of the marriage. Generally, these assets and liabilities are shared equally by both the respondent and the petitioner. However, as part of the divorce decree, there may be optional arrangements which may satisfy the interests of both parties. For example, if there is a home and a summer residence, the terms of this divorce record may call for one of the individuals to receive the deed of the home, while the deed to the other residence may be given in its entirety to the other individual. |
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