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EMANCIPATION - the point at which a minor comes of age. The age is typically 18, when a child marries, becomes self supporting, or enlists in the military.

 

ENCUMBERED - when a lien, mortgage or other restraint is placed against a property.

 

ENTREPRENEURIAL PROFIT - a market - derived figure that represents the amount an entrepreneur expects to receive in addition to costs; the difference between total cost and market value.

 

EQUITABLE DIVISION (DISTRIBUTION) - a system of dividing property acquired by spouses during their marriage in connection with a divorce proceeding.  In California , the estate of the marriage must be divided equally unless a written agreement between the parties divides things otherwise.

 

EQUITY - the net proceeds from the sale of a home, minus the fees of the solicitor and the real estate agent and the satisfying of the mortgage.

 

ESTATE - a right or interest in property or the property of a deceased person.

 

EVALUATION - a study of the nature, quality, and relationship of the facts and circumstances to one another.  This may be referred to as a 730 evaluation which means the court has appointed an expert in the chosen field to review and report to the court his or her expert findings as to the facts along with a recommendation based on the experts opinion as to the facts.

 

EVIDENCE - documents, testimony or other informational material offered to the court to prove or disprove allegations in the pleadings.  All evidence is not admissible.

 

EXHIBIT - an item of evidence presented to the court.

 

EX - PARTE literally translated, this means in the absence of.  This may refer to court proceedings that occur on an emergency basis in the absence of written notice, or to communications that occur in the absence of notice to the other side.

 

EXPECTANCY - future proceeds from an estate.