Older adults in California who get a divorce may face certain challenges that are specific to their age group. There are both financial and emotional implications for people in this situation. Financial issues Adults who are near retirement age, or even past...
What should you do after your divorce is finalized?
Your divorce in California might have been finalized, but there's still a few tasks you'll have to complete to ensure that your finances and assets are completely separate. Otherwise, your former spouse might be entitled to a share of your assets and benefits. Here's...
Taxes on spousal support in California
Whether you must pay federal taxes on spousal support depends on when you were divorced. For older divorces, it may also depend on how well you negotiated with your ex-spouse. California state taxes have different rules than federal ones on spousal support taxes....
How to help your teen after a divorce
There is a good chance that your teen will experience a variety of emotions after learning about your divorce. It isn't uncommon for teenagers to have trouble sleeping, experience a decrease in academic performance or become defiant in the weeks or months after their...
How might divorce affect your California business?
California is a community property state, which means that joint assets get divided 50/50 in a divorce settlement. In many cases, joint debts are also divided equally between yourself and your spouse. Depending on the specific facts in a divorce proceeding, courts may...
Divorce could affect social security benefits
Many older couples wind up in divorce, which brings up the need for retirement income. When a marriage lasts at least 10 years, a spouse becomes eligible for Social Security benefits based on the spouse’s earnings record if a divorce ends the marriage. Social Security...
Preparing yourself for a gray divorce
If you are considering a "gray divorce" in California, you will need to be prepared. For context, a "gray divorce" is a marital split after the age of 50 when a couple is beginning to plan for retirement. Since many of the decisions that you make will impact the rest...
Will a divorce complicate your retirement plans?
In California and around the country, the term "gray divorce" is often used. This is what it is called when couples over 50 years of age decide to end their marriage. The issues in the divorce will largely not relate to children. Instead, there will be financial...
How your parenting plan should reflect your child’s age
The age of your child makes an enormous difference in what type of parenting plan is best for him or her. Here are just a few ways your child's development may influence the parenting plan you choose. Infants Around 6 months, infants begin to recognize who their main...
Planning makes coparenting through summer more manageable
Although parents and children alike look forward to the fun and relaxation summer brings, the longer days bring challenges for sharing custody. It may seem counter intuitive, but the best way to ensure a carefree summer is flexible planning for custody from both...