While virtually all divorces have to go through the same processes of property division, figuring out alimony and even child custody agreements when applicable, some divorces are far more involved than others. In a high asset divorce, a couple in California will generally encounter more complicated assets that are difficult to divide. For some, things like reputation could also be a complicating factor. Here are a few things to keep in mind when dealing with this type of situation.
Determining property division in a divorce
Dividing assets can be a difficult process. Most people want to get through the divorce process as amicably as possible and reach a fair agreement. Property can be a particularly challenging issue, but California law has measures in place to ease the difficulty.
Determining property division in a divorce
Dividing assets can be a difficult process. Most people want to get through the divorce process as amicably as possible and reach a fair agreement. Property can be a particularly challenging issue, but California law has measures in place to ease the difficulty.
Preserve your retirement stability during property division
Divorce is an unavoidable part of life for some people, but it does not have to be a wholly negative experience. While many California couples understandably struggle with the emotional aspect of ending a marriage, a measured and careful approach to property division can make the legal side of things somewhat easier. However, even those individuals who are focused on preserving their financial stability after divorce can overlook something very important -- retirement.
Property division decisions can impact credit scores
Financial security following a divorce is an issue that should not be overlooked. It can be easy to overlook the small details or long-term implications of decisions made during property division, particularly when the initial effects might feel immediate. However, forgetting about things like credit scores and how these numbers can impact future finances can lead to undesirable outcomes for California residents.
What should I know about child support during divorce?
For parents, ending a marriage often involves taking more than just marital satisfaction into account. The cost of raising children on a smaller income after divorce is a valid concern that many people struggle with. Child support can help California parents address their fears over their children's future financial security. Here are a few things to know about this important part of family law.
How to approach property division in a California divorce
Divorce is more than just a legal process to separate the lives of a married couple. For many people in California it is also an emotional journey, which can make addressing things like property division difficult. From angry exes to questionable information about assets, here are a few things that can help make the divorce process better.
Woman secures back child support 50 years after divorce
Raising a child is no small undertaking. From ferrying kids around to extracurricular activities to helping them excel academically, being a parent in California can be exhausting. For divorced parents, parenting can also be financially exhausting. Child support is essential for maintaining a child's sense of financial security after a divorce, but what if the parent ordered to pay avoids his or her responsibility?
Establishing paternity is essential for child custody matters
It is not uncommon for unmarried couples in California to have children. While this situation works well for many parents, it can be difficult for some fathers to get time with their children. Establishing paternity is often the first step toward getting a child custody agreement that reflects the child's best interests, which usually involves having access to both of their parents.
