Legal Separation

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Dictionary Says

Definition of 'Legal Separation'

For all practical purposes, a circumstantial divorce without a legal decree. Legal separation usually entails a court order that two spouses can live apart as unmarried persons, except that they are still married. A couple that is legally separated must still deal with the typical divorce-related issues such as alimony, child support, child custody and property division.
Investopedia Says

Investopedia explains 'Legal Separation'

Legal separation is considered an alternative to divorce for those who may have religious or social objections to an actual divorce. This process can also be used in some cases as a basis for long-term reconciliation. However, the growing trend toward informal separation and no-fault divorces is making this more formal legal process increasingly obsolete.
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'Legal Separation'

  • Getting A Divorce? Understand the Rules Of Dividing Plan Assets

    http://www.investopedia.com/articles/retirement/03/060403.asp
    ... November 22 2009 | Filed Under » Personal Finance, Retirement. If you are going
    through a divorce or legal separation and you or your spouse own retirement ...

  • Roth IRAs: Contributions | Investopedia

    http://www.investopedia.com/university/retirementplans/rothira/rothira2.asp
    ... or former spouse's) Roth IRA to another, provided the transfer is permitted in
    accordance with a court-approved divorce decree or a legal separation agreement. ...

  • Traditional IRAs: Contributions | Investopedia

    http://www.investopedia.com/university/retirementplans/ira/ira2.asp
    ... or former spouse's) IRA to another, providing the transfer is permitted in accordance
    with a court approved divorce decree or a legal separation agreement. ...

  • Unexpected 1099-R Form: What To Do

    http://www.investopedia.com/articles/retirement/05/013105.asp
    ... spouse or former spouse (referred to hereinafter simply as “spouse”) as fulfillment
    of the terms of a divorce decree or legal separation agreement, any ...

  • Retirement Plan Tax Form 8606: When To File

    http://www.investopedia.com/articles/retirement/04/030304.asp
    ... of IRA assets from one spouse to another is not taxable to either spouse if the
    transfer is in accordance with a divorce or legal separation agreement. ...

  • Series 7 Study Guide - Rules and Regulations - Exceptions to IA ...

    http://www.investopedia.com/exam-guide/series-7/rules-regulations/exception-ia-registration.asp
    ... For example, there is a legal and cultural separation of banks and brokerages
    in the US that dates back to the Great Depression. ...

  • The Chinese Wall Protects Against Conflicts Of Interest

    http://www.investopedia.com/articles/analyst/090501.asp
    ... of separation also came into investing in 1929, when the separation of investment ...
    While the new legal protections are a good start, smart investors should look ...

  • Top 5 Reasons Why People Go Bankrupt - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0310/Top-5-Reasons-People-Go-Bankrupt.aspx
    ... Divorce/Separation Marital dissolutions create tremendous financial strain on both
    partners in several ways. First come the legal fees, which can be ...

  • Mergers and Acquisitions: Break Ups | Investopedia

    http://www.investopedia.com/university/mergers/mergers4.asp
    ... than the whole." These corporate restructuring techniques, which involve the separation
    of a ... The new legal entity of a carve-out has a separate board, but in ...

  • The Fundamentals Of Spousal Support Taxation

    http://www.investopedia.com/articles/tax/10/spousal-support-taxation.asp
    ... either a divorce decree, written agreement of separation or decree of support. Failure
    to pay either one of them can result in further legal action, including ...

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