Divorce Terms – E
EMANCIPATION – Typically when a child reaches 18 and they are no longer a minor, but rather a legal adult.
ENCUMBERED – The restraints are placed on a property such as a mortgage or lien.
EQUITABLE DIVISION (DISTRIBUTION) –
Dividing all property acquired by spouses during marriage so it can be split up accordingly during the divorce proceedings.
EQUITY – The total proceeds from the sale of a home or property after subtracting the fees of the real estate agent, and paying off the mortgage.
All informational material including documents
and testimony that is offered in court to prove or disprove allegations made by both sides in a proceeding.
EXHIBIT – An article of evidence presented in court.
EX – PARTE – Relief that is granted by the court due to of the lack or presence of the opposing party.
EXPECTANCY – The potential future proceeds from an estate.
EXPERT WITNESS – Professionals used by the judge so he or she can help make a better decision. Professionals can include, Counselors, Evaluators, and Appraisers.