DESERTION - one of several grounds for fault divorce in many states. In accounting, an allowance made against the loss in value of an asset for a defined purpose and computed using a specified method.
In regard to improvements, deterioration and Obsolescence. DEPRECIATION - in appraising, a loss in property value from any cause. (see legal process section in your state). It is also used to question opposing spouse. DEPOSITION - the testimony of a witness under oath and reduced to writing. DEPENDENCY EXEMPTION - a sum of money a person can subtract from his or her adjusted gross income for each dependent child he or she claims, as per the guidelines of the I.R.S. DEPENDENT - one who relies on another for support, such as a child. DE JURE - in compliance with an order or judgment. DEFINED CONTRIBUTION PLAN - an individual or separate account in the employee-spouse’s name, whereby the worker contributes pretax dollars to his or her account that are matched to a certain amount by the employer’s contribution.
DEFINED BENEFIT PLAN - generally a retirement annuity, whereby employers set aside benefits for employees, with the employee-spouse entitled to share in the benefits after a vesting period, and payments made a predetermined retirement date for the life of the employee. DEFERRED COMPENSATION PACKAGE - this includes all retirement assets (such as a pension, 401K, IRA) and any other saving or postponed income earned during the marriage. DEFERRED ANNUITY - an income stream that begins at some time in the future. DEFENSE - what a defendant replies in answer to defeat or diminish the allegations of the plaintiff in his or her complaint. DEFENDANT - the spouse who defends against the lawsuit brought against him or her by the other spouse. DEFAULT ORDER OR JUDGMENT - an order or judgment made based on only the plaintiff’s (petitioner’s) complaint, due to no response or presence of the defendant (respondent). DEFAULT DIVORCE - A form of uncontested divorce in which one spouse never responds to the filing spouse’s complaint. DE FACTO PARENT - a person who has been found by the court to fulfill the role of a parent, one of provides for a child’s needs for a substantial period of time. DE FACTO - A Latin term meaning "in fact" acting in a manner as if complying with what a court might order without such an order being in place. DEED REGISTRY - place in the civil court system where deeds are recorded. DEED - a written, legal instrument that conveys an estate or interest in real property when it is executed and delivered. DEADBEAT PARENTS - parents who do not pay their child support. DECREE DECREE of DISSOLUTION - the final decision made on an action for divorce. DECISION AND JUDGMENT - the term for a judge’s ruling. DEBT COLLECTION IMPROVEMENT ACT - a 1996 federal act that authorizes the Department of the Treasury to withhold tax refunds to cover delinquent tax refunds to cover delinquent child support. DE BENE ESSE - term meaning "as well done," used in connection with videotape examination used to preserve sworn testimony for a later date. DEATH RIGHTS - the rights of inheritance to s spouse’s estate.
DECREE - the final decision made on an action for divorce. DAMAGES - the monetary harm caused by the actions of another person.
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