MARRIAGE SETTLEMENT Meaning and
Definition
-
A marriage settlement is a legal agreement or contract made between two individuals who are about to enter into a marriage or already married. It is designed to outline the financial arrangements, property rights, and other legal aspects of the marriage. This agreement is typically prepared by lawyers or solicitors and is executed prior to the wedding or during the early stages of the marriage.
The purpose of a marriage settlement is to protect the rights and interests of both parties involved. It clarifies the ownership and division of assets, such as properties, investments, and valuables, ensuring that there is legal certainty about the financial arrangements in the event of divorce, separation, or the death of one spouse.
The settlement may also include provisions for financial support, maintenance, or inheritance for any children born during the marriage or from previous relationships.
Furthermore, a marriage settlement can address other issues such as debt, prenuptial agreements, and the distribution of joint or individual debts. It can also establish various conditions or restrictions of the marriage, such as exploring how certain events or actions may affect the distribution of assets or other legal rights.
Ultimately, a marriage settlement aims to provide security and clarity for both partners, ensuring that their financial affairs are protected and regulated according to their wishes, should unforeseen circumstances arise during the course of their marriage.
Common Misspellings for MARRIAGE SETTLEMENT
- narriage settlement
- karriage settlement
- jarriage settlement
- mzrriage settlement
- msrriage settlement
- mwrriage settlement
- mqrriage settlement
- maeriage settlement
- madriage settlement
- mafriage settlement
- matriage settlement
- ma5riage settlement
- ma4riage settlement
- mareiage settlement
- mardiage settlement
- marfiage settlement
- martiage settlement
- mar5iage settlement
- mar4iage settlement
Etymology of MARRIAGE SETTLEMENT
The term "marriage settlement" can be broken down into its two constituent words: "marriage" and "settlement".
1. "Marriage" originates from the Old French word "marier", meaning "to marry". This word is derived from the Latin word "maritare", meaning "to give in marriage", which is derived from "maritus", meaning "married" or "husband". Ultimately, the Latin word is believed to have its roots in the Proto-Indo-European word "*mari-", referring to the state of being married.
2. "Settlement" comes from the Old English word "setl", meaning "a seat" or "a place to sit". It evolved from the Proto-Germanic word "*setlaz".
Similar spelling words for MARRIAGE SETTLEMENT
Infographic
Add the infographic to your website:
