During a divorce, many people’s biggest fear is that they’ll be forced to give up their beloved home. The home is where the heart is, after all. It’s also the most valuable asset most people own. If a judge can force you to sell a house during a divorce, you may not...
When going through a divorce, one of the hardest parts is often the process of asset division. Not only is this mentally and emotionally taxing, but it is also a huge financial hardship for many. Because of how unpleasant it is, many spouses have attempted to hide...
A divorcing couple must navigate numerous compromises and negotiations to reach an equitable split of assets and debt responsibility. Unfortunately, numerous factors can complicate an already-layered situation. One such factor centers on how the spouses handle the...
Your divorce will change your future -- the immediate future and the rest of your life. Not only will your living arrangements and finances be different during and right after the divorce process, but your plans for your retirement may have to change too. During your...
The American Psychological Association reports that 40 to 50% of marriages in the US end in divorce. These are statistics that we hear often, but it's important to keep in mind that there are certain things divorcing couples should prepare for. Property division often...
The division of property is often one of the most difficult parts of California divorces. When one spouse owns a business, it can be particularly difficult. If the couple owns the business together, one buying the other out can be a viable solution. But what about...
A retirement plan often makes up a significant portion of an individual's financial wealth. That's why retirement plans can present more difficulty for one or both parties during a divorce proceeding. Most states, including California, regard assets from retirement...
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...
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...
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...
