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

     

     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:

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     SECTION 1. Section 15-5-16.1 of the General Laws in Chapter 15-5 entitled "Divorce

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and Separation" is hereby amended to read as follows:

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     15-5-16.1. Assignment of property. -- (a) In addition to or in lieu of an order to pay

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spousal support made pursuant to a complaint for divorce, the court may assign to either the

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husband or wife a portion of the estate of the other. In determining the nature and value of the

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property, if any, to be assigned, the court after hearing the witnesses, if any, of each party shall

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consider the following:

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      (1) The length of the marriage;

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      (2) The conduct of the parties during the marriage;

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      (3) The contribution of each of the parties during the marriage in the acquisition,

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preservation, or appreciation in value of their respective estates;

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      (4) The contribution and services of either party as a homemaker;

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      (5) The health and age of the parties;

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      (6) The amount and sources of income of each of the parties;

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      (7) The occupation and employability of each of the parties;

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      (8) The opportunity of each party for future acquisition of capital assets and income;

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      (9) The contribution by one party to the education, training, licensure, business, or

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increased earning power of the other;

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      (10) The need of the custodial parent to occupy or own the marital residence and to use

 

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or own its household effects taking into account the best interests of the children of the marriage;

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      (11) Either party's wasteful dissipation of assets or any transfer or encumbrance of assets

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made in contemplation of divorce without fair consideration; and

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      (12) Any factor which the court shall expressly find to be just and proper.

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      (b) The court may not assign property or an interest in property held in the name of one

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of the parties if the property was held by the party prior to the marriage, but may assign income

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which has been derived from the property during the term of the marriage, and the court may

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assign the appreciation of value from the date of the marriage of property or an interest in

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property which was held in the name of one party prior to the marriage which increased in value

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as a result of the efforts of either spouse during the marriage. The court also shall not assign

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property or an interest in property which has been transferred to one of the parties by inheritance

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before, during, or after the term of the marriage. The court shall not assign property or an interest

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in property which has been transferred to one of the parties by gift from a third party before,

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during, or after the term of the marriage.

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      (c) The assignment of property, if any, to be made shall precede the award of alimony,

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since the needs of each party will be affected by the assignment of property, and once made in a

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final decree shall be final, subject only to any right of appeal which the parties may have. Any

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assignment made by the family court shall be regarded as a judgment for debt so that suit may be

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brought or execution may issue on the debt for the property due and undelivered, or the amount

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due and unpaid to be shown by affidavits of the person entitled to the property and the attorney of

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record of the person, the executions to run against the goods and chattels of the husband and wife,

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as the case may be; and the court may make all necessary orders and decrees concerning the suits

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or executions.

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     (d) The court shall also have concurrent jurisdiction with the superior court to review

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property settlement agreements. Upon a prima facie showing by one of the parties in their

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petition, that substantial changes in law regarding pensions only, have resulted in an unfair or

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inequitable assignment of said pension to either of the parties at the time of the approval of the

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property settlement agreement by the court. After a hearing thereon, the court may modify or

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make any changes to said pension assignment which are fair and equitable to either or both

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parties. A petition to review shall be filed within a reasonable time after the moving party has

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knowledge of a substantial change in law which has unfairly or inequitably affected the value of

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the pension. This provision shall apply only, to federal, state, and local pensions.

 

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     SECTION 2. This act shall take effect upon passage.

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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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     This act allows the family court to review property settlement agreements as they apply

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to pensions and assignments thereof, once there has been a prima facie showing that a substantial

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change in law has made the said assignment unfair or inequitable to the moving party.

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     This act would take effect upon passage.

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