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...
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...
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....
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...
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...
