When a marriage begins to dissolve, most couples start planning for their separate lives. Unfortunately, it is not always so easy to pick up and leave. Many live together while separated. This may be due to children, or it may be because both parties own the family...
Know these categories to inform your property division strategy
California outlines how the classification of assets has an impact on the division of property during a divorce. Property may include your house, autos, personal property, bank and retirement accounts, life insurance policies, stocks and business assets. Community...
Asset valuation in a time of financial fluctuation
Splitting up the marital estate is one of the hardest parts of divorce. It’s not just emotionally challenging; it’s often a complicated balancing act of numerous variables. But those aren’t cold, impersonal variables. They all have a real, immediate effect on your...
Protecting your assets during a divorce in California
There are many married couples that choose to keep most, if not all, of their finances separate. While each person in this arrangement may feel a sense of independence if they should decide to go their separate ways later on, keeping separate accounts does not...
Billionaire accused of hiding assets in SD trusts prior to filing for divorce
Do you and your spouse have your assets in trust? Do you know how those assets will be divided should you two divorce? A recent divorce case involving a multi-billion dollar estate reveals how one state's laws regarding trusts allow for a vastly imbalanced division....
Should you worry about a spouse hiding assets?
When California couples divorce, property division is often contentious. But what lengths do people go to if they want to keep their assets to themselves? Do you need to worry about the possibility of your spouse hiding assets from you? Hiding assets involves...
Understanding property division and family law in California
Family law in California is unique to the state, meaning that precedents or rules that apply elsewhere are not necessarily relevant during divorce. Some rules or procedures might be similar to those in other states, but one area in particular stands out. Unlike most...
How to protect current and future assets from property division
There are many steps that go into planning a wedding, but thinking about divorce usually is not one of them. This could actually be a mistake. California couples may want to look ahead at more than just future jobs or children and, in particular, consider what...
Protecting wealth during property division is essential
Staying in an unhappy marriage is a burden that no one in California should have to bear. However, couples over the age of 50 may not feel as if they have any other choice. Even for a person who is relatively well-off may worry about what finances will look like after...
How can I protect my business during property division?
There are few things as satisfying as starting a business and then nurturing it into a successful, thriving entity. Realizing that a business could be in jeopardy during a divorce is not a thought that most California business owners would like to entertain, but like...