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Divorce Property Division Agreement
"I need a Divorce Property Division Agreement under Hong Kong law to document the division of our matrimonial home in Mid-Levels and joint financial assets, with completion of all transfers by March 2025."
1. Parties: Identification and details of both parties to the agreement
2. Background: Brief history of the marriage, divorce proceedings reference, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Division of Matrimonial Home: Detailed arrangements for the primary residence, including transfer of ownership or sale provisions
5. Division of Bank Accounts and Cash: Distribution of joint and individual bank accounts, savings, and cash assets
6. Division of Investments: Distribution of shares, bonds, mutual funds, and other investment vehicles
7. Pension and Retirement Benefits: Arrangement for division of pension funds and retirement benefits
8. Personal Property: Division of personal effects, furniture, vehicles, and household items
9. Outstanding Debts and Liabilities: Allocation of responsibility for joint debts, mortgages, and other liabilities
10. Implementation: Timeframes and procedures for implementing the property division
11. Tax Considerations: Handling of tax liabilities and responsibilities
12. Dispute Resolution: Procedures for resolving any disputes arising from the agreement
13. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
1. Business Interests: Division of business assets and shares when parties have joint business interests
2. Overseas Properties: Arrangements for properties located outside Hong Kong
3. Trust Arrangements: Provisions relating to trust properties or creation of new trusts
4. Maintenance Provisions: Ongoing financial support arrangements if agreed as part of property settlement
5. Children's Property Trust: Special arrangements for property held for benefit of children
6. Intellectual Property Rights: Division of intellectual property assets if applicable
7. Future Assets: Treatment of assets acquired after separation but before divorce finalization
1. Schedule 1 - Real Property: Detailed list of all real estate properties with their valuations and agreed disposition
2. Schedule 2 - Bank Accounts: Complete list of all bank accounts with account numbers and agreed division
3. Schedule 3 - Investment Portfolio: Detailed inventory of all investment assets with current valuations
4. Schedule 4 - Personal Property: Itemized list of personal property and agreed allocation
5. Schedule 5 - Outstanding Loans and Liabilities: Comprehensive list of all debts and payment responsibilities
6. Schedule 6 - Implementation Timeline: Detailed timeline for executing all transfers and divisions
7. Appendix A - Property Valuations: Professional valuations of major assets
8. Appendix B - Financial Disclosure Statements: Sworn financial statements from both parties
Authors
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Financial Services
Real Estate
Professional Services
Family Services
Wealth Management
Property Management
Banking
Legal
Family Law
Dispute Resolution
Property Law
Conveyancing
Private Client
Wealth Planning
Document Production
Compliance
Corporate Services
Family Law Partner
Divorce Lawyer
Legal Associate
Paralegal
Mediator
Financial Advisor
Wealth Manager
Property Valuer
Tax Consultant
Legal Secretary
Trust Officer
Family Court Judge
Property Lawyer
Conveyancing Lawyer
Legal Counsel
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