2015 -- H 5764 | |
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LC001458 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2015 | |
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A N A C T | |
RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION | |
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Introduced By: Representative John G. Edwards | |
Date Introduced: February 26, 2015 | |
Referred To: House Judiciary | |
(by request) | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 15-5-16.1 of the General Laws in Chapter 15-5 entitled "Divorce |
2 | and Separation" is hereby amended to read as follows: |
3 | 15-5-16.1. Assignment of property. -- (a) In addition to or in lieu of an order to pay |
4 | spousal support made pursuant to a complaint for divorce, the court may assign to either the |
5 | husband or wife a portion of the estate of the other. In determining the nature and value of the |
6 | property, if any, to be assigned, the court after hearing the witnesses, if any, of each party shall |
7 | consider the following: |
8 | (1) The length of the marriage; |
9 | (2) The conduct of the parties during the marriage; |
10 | (3) The contribution of each of the parties during the marriage in the acquisition, |
11 | preservation, or appreciation in value of their respective estates; |
12 | (4) The contribution and services of either party as a homemaker; |
13 | (5) The health and age of the parties; |
14 | (6) The amount and sources of income of each of the parties; |
15 | (7) The occupation and employability of each of the parties; |
16 | (8) The opportunity of each party for future acquisition of capital assets and income; |
17 | (9) The contribution by one party to the education, training, licensure, business, or |
18 | increased earning power of the other; |
19 | (10) The need of the custodial parent to occupy or own the marital residence and to use |
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1 | or own its household effects taking into account the best interests of the children of the marriage; |
2 | (11) Either party's wasteful dissipation of assets or any transfer or encumbrance of assets |
3 | made in contemplation of divorce without fair consideration; and |
4 | (12) Any factor which the court shall expressly find to be just and proper. |
5 | (b) The court may not assign property or an interest in property held in the name of one |
6 | of the parties if the property was held by the party prior to the marriage, but may assign income |
7 | which has been derived from the property during the term of the marriage, and the court may |
8 | assign the appreciation of value from the date of the marriage of property or an interest in |
9 | property which was held in the name of one party prior to the marriage which increased in value |
10 | as a result of the efforts of either spouse during the marriage. The court also shall not assign |
11 | property or an interest in property which has been transferred to one of the parties by inheritance |
12 | before, during, or after the term of the marriage. The court shall not assign property or an interest |
13 | in property which has been transferred to one of the parties by gift from a third party before, |
14 | during, or after the term of the marriage. |
15 | (c) The assignment of property, if any, to be made shall precede the award of alimony, |
16 | since the needs of each party will be affected by the assignment of property, and once made in a |
17 | final decree shall be final, subject only to any right of appeal which the parties may have. Any |
18 | assignment made by the family court shall be regarded as a judgment for debt so that suit may be |
19 | brought or execution may issue on the debt for the property due and undelivered, or the amount |
20 | due and unpaid to be shown by affidavits of the person entitled to the property and the attorney of |
21 | record of the person, the executions to run against the goods and chattels of the husband and wife, |
22 | as the case may be; and the court may make all necessary orders and decrees concerning the suits |
23 | or executions. |
24 | (d) The court shall also have concurrent jurisdiction with the superior court to review |
25 | property settlement agreements. Upon a prima facie showing by one of the parties in their |
26 | petition, that substantial changes in law regarding pensions only, have resulted in an unfair or |
27 | inequitable assignment of said pension to either of the parties at the time of the approval of the |
28 | property settlement agreement by the court. After a hearing thereon, the court may modify or |
29 | make any changes to said pension assignment which are fair and equitable to either or both |
30 | parties. A petition to review shall be filed within a reasonable time after the moving party has |
31 | knowledge of a substantial change in law which has unfairly or inequitably affected the value of |
32 | the pension. This provision shall apply only, to federal, state, and local pensions. |
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1 | SECTION 2. This act shall take effect upon passage. |
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LC001458 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO DOMESTIC RELATIONS - DIVORCE AND SEPARATION | |
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1 | This act allows the family court to review property settlement agreements as they apply |
2 | to pensions and assignments thereof, once there has been a prima facie showing that a substantial |
3 | change in law has made the said assignment unfair or inequitable to the moving party. |
4 | This act would take effect upon passage. |
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