California parents put an enormous amount of thought and consideration when making decisions that will affect their children. Because of this, many divorcing parents spend a significant amount of time weighing the benefits of divorce before actually filing. One of the biggest topics parents tend to consider is that of child custody. Despite being used as a catchall term in popular media, there are several distinct forms of custody.
Divorcing parents in California often strive to find the right balance for their children after divorce. This is increasingly resembling joint and shared custody situations, though these forms of child custody are not appropriate for everyone. In some cases, maintaining a primary caretaker with the other parent taking on more limited parenting time is a better solution. However, television personality Bethenny Frankel does not believe that any of these options are best for her children.
It’s not uncommon for divorces to come with a side of vengeance. Some try to take everything their ex had known and loved out of spite. Others may relent to their ex’s demands, letting them take what they want to get the proceedings over with.
Starting a business with a spouse might seem overwhelming at first, but many California couples find this to be a lucrative and exciting option. However, there is a chance that starting that business might feel easier than splitting it up during property division. For married business owners who are ready to divorce, dealing with business matters can be extremely complicated.
A divorce isn’t usually the separation of just two people. It often comes with difficult decisions about staying in touch with the people who are connected to your ex.
Creating a sense of financial security for life after divorce requires more than a single-faceted approach. From securing essential post-divorce payments -- including alimony and child support -- to obtaining half of the marital assets during property division, California family law provides ample opportunities to ensure that a person is not financially stunted from divorce. Unfortunately, some individuals try to circumvent these protections by hiding assets during their divorce.
Credit card rewards programs are a significant draw for those who use their cards responsibly. Many people in California use their credit cards strategically so as to optimize their rewards. However, during a high asset divorce, these become another complicated asset to value and divide.
Health care later in life is a serious concern for most people in California. While most do their best to prepare, unforeseen circumstances can impact a person's access to health care, retirement benefits and more. Divorce is just one such situation which might alter a person's ability to maintain his or her expected standards of living. However, most people have options to address these concerns and preserve their access to these and other essential supports during retirement.