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Calabasas Family Law Blog

Tactics that may only further complicate matters during a divorce

It is no secret that dissolving a marriage can be a stressful and daunting process. With a variety of aspects to address, each of which could have a significant impact on one's future, divorce can also be a complex process. Experts indicate that there are also certain tactics individuals in California may encounter during a divorce and understanding these strategies and the impact they could have on the situation could prove imperative.

After deciding to take separate paths in life, one might enter the process of divorce with hopes of reaching an amicable and acceptable outcome within a timely manner. However, there are a variety of tactics the other party might deploy in an attempt to prolong the process. Experts indicate that in some cases, a person may attempt to subject the other party to additional amounts of stress by continually altering the details or terms of a settlement.

Divorce: Exploring the possible benefits of mediation

While dissolving a marriage can be stressful and emotional, the process doesn't always necessarily have to come down to an all out battle. There are options that could assist individuals in California in pursuing a favorable outcome while also reducing the level of stress involved. Those who are facing a divorce could find it helpful to explore the potential benefits of options such as mediation.

With mediation, the parties involved in the process will come together with a mediator and attempt to reach an acceptable and amicable settlement agreement through negotiation. The length of a similar process may vary and will likely depend on each party's ability to cooperate and communicate their wishes and needs. In some cases, this process might eliminate the need to appear in court and studies indicate that those who are successful in reaching an agreement through mediation find the process less stressful.

Divorce: Managing the financial responsibilities of co-parenting

Disagreement over finances is one of the most common sources of conflict between couples in California and across the nation. Following a divorce, many individuals may wish to take immediate action to untangle their finances from their former spouse and open a new chapter in life. However, when children are involved, parents may find it essential to find ways to limit the level of conflict involved with managing the financial responsibilities of shared parenting.

Experts indicate that one vital factor for parents to address pertains to finding a way to communicate. Establishing a consistent means of communication could prove vital to reducing the amount of stress involved with speaking to the other party about financial responsibilities and decisions. During such a discussion, experts suggest that addressing topics such as possible future changes to budgets and expenses could also be advisable.

Seeking guidance on parenting after a divorce

When parents in California and across the nation decide to take separate paths in life, they may consider it vital to take every possible measure to protect the well-being of their kids in the process. Divorce can affect children in various ways and the manner in which their parents handle what comes next could influence their ability to cope with the process. While there may be a variety of aspects for parents to consider, studies show that there are four major components to helping the kids adjust to their new situation.

Studies indicate that the first component to parenting after divorce pertains to ensuring the kids are able to spend ample time with each parent. Children who are able to spend time with both their parents might have less difficulty handling the transition into two separate households. Another component pertains to the distance between each household, as the closer the proximity of each household, the easier it may be to provide the kids with a sense of stability.

Do you need a forensic accountant on your divorce team?

While just about anyone working his or her way through a California divorce could potentially benefit from adding a forensic accountant to his or her divorce team, high-income individuals may find it especially beneficial to do so. If you fall into this category, you may find that hiring a forensic accountant can help you work through any number of matters relating to your split. Also, hiring such a professional to work on your behalf could potentially help you wind up in a better financial position post-split.

So, just what is a forensic accountant, and how can hiring one potentially help you amid your divorce?

Divorce: Considering every aspect of pursuing ownership of a home

Upon making the decision to end a marriage, many couples in California and across the nation may be left with the difficult choice of what to do with the family home. In many cases, a home may consist of a significant portion of a couple's wealth and, as such, will likely play a vital role during negotiations. Those who are considering pursuing ownership of the home might find it helpful to address certain aspects before reaching a decision, as this could help them make informed choices during legal proceedings.

When it comes to the family home, one of the first aspects to address could pertain to how much value is in the home. Determining the net value of a home can be a complex process that may involve steps such as seeking an appraisal and subtracting any existing liens from the home's value. Understanding the true value of the home could prove essential and this knowledge may influence the choices one makes during divorce proceedings substantially.

Strategies to help limit conflict when co-parenting after divorce

Following the end of a marriage, it might not be all that uncommon for former couples in California and elsewhere to encounter a certain level of conflict. When children are in the picture, individuals who wish to co-parent effectively may find it helpful to seek out ways to reduce conflict and safeguard the well-being of their kids. While this might seem a difficult task, there are certain strategies to consider that could prove essential to the process.

When co-parenting the kids, experts indicate that one strategy that may help reduce conflict is to take on a mindset that the needs of the kids always come first. This mindset could help parents put aside their own interests and focus on reaching agreements that are in keeping with the interests of their kids. Studies also indicate that dwelling on the past can also increase the risk of conflict and that letting go of past events and focusing on the future could prove vital to effective co-parenting.

Seeking guidance on how to talk to the kids about divorce

Upon making the decision to take separate paths in life, parents in California and elsewhere may wish to seek out ways to help their children cope with the process. The manner in which their parents handle the situation could have a substantial influence on how kids handle the news of divorce. While speaking with the kids about a similar life event could prove intimidating, it could also prove essential to safeguarding their well-being.

When facing divorce, parents may feel it best to shield their kids from the process for as long as possible. However, children can be perceptive, and attempting to avoid having the conversation with them could cause them to try and form their own conclusions. To prevent this, parents may find it helpful to talk to the kids early on and explain the situation to them in a manner in which they can grasp.

Understanding the role retirement assets may play in divorce

Many individuals in California and elsewhere spend decades building up their retirement savings. Those who are facing a divorce may wish to know more about the role these assets could play in the subsequent process. Retirement assets can have a substantial impact on the outcome of a divorce and understanding the necessary steps to take to divide these assets could prove vital to avoiding potentially devastating tax penalties and early-withdrawal fees.

When dividing retirement assets in divorce, the steps to take to avoid unnecessary fees and penalties may depend on the type of retirement accounts involved. For instance, before attempting to divide defined contribution or benefit plans such as a 401(k), obtaining a Qualified Domestic Relations Order from the court is essential. A QDRO typically provides exemption from early-withdrawal fees and tax penalties provided the applicable assets are divide pursuant to the terms of the order.

Reasons to make a postnuptial agreement

Finances are a major factor in your marriage, whether you like it or not. In fact, a recent survey shows that money is the top cause of strain in relationships. One way to deal with financial issues is by creating a prenuptial agreement before your marriage. But if you did not create one, it is not too late to protect your interest and rights regarding assets. 

You can write up a postnuptial agreement with your spouse any time after you get married. Here are some reasons why you should consider making one. 

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Langlois Family Law, APC
23632 Calabasas Rd, Suite 104
Calabasas, CA 91302

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