When a marriage is over, the two parties will have to divide their community property. This includes real estate purchases by both parties, jointly owned assets and retirement savings. When a California spouse is confronted with the possibility of leaving the marriage...
Year: 2020
Hidden assets could affect your asset division outcomes
Getting a divorce is rarely anyone’s idea of an enjoyable experience. Even if California residents are ready to end their unhappy marriages and move on with their lives, the legal process of ending the relationship can be difficult and tedious at times. You may have...
Virtually anyone can benefit from a prenuptial agreement
Planning a wedding is an exciting time, but engaged California couples may want to look beyond their wedding day when planning for the future. While no couple goes into marriage assuming it will end in divorce, it is possible this could happen, compromising the...
Social media posts can affect property division decisions
The final terms of a divorce order could impact a California spouse for years to come. It’s crucial to make decisions with the pursuit of a comprehensive property division in mind, especially when it comes to social media. Because Facebook and other platforms offer...
Fighting for financial interests when one spouse is hiding assets
A key to financial security after divorce is securing the appropriate share of community assets and debts. This is impossible if both parties are not honest in the financial disclosure stage of the divorce process. If one spouse is hiding assets, it can lead to a...
Is an asset-based business valuation right for your divorce?
Your company is one of the most important assets in your life. You may have spent years perfecting your operations and doing whatever you could to reach a point of stability and sustainability with your company. While you also tried to take the same approach to your...
Focus on long-term financial stability during divorce
A divorce is a complex process, and it’s normal to experience strong emotions during this time. However, these emotions should never be the driving force behind the important decisions that one will have to make, especially during the property division process....
Why business owners need a prenuptial agreement
Divorce can change everything for a California spouse, especially in terms of his or her finances. The end of a marriage can bring significant financial changes, and lifestyle adjustments may be necessary. Fair distribution of marital debt and assets are some of the...
Steps to protecting financial interests in a divorce
Money is one of main concerns in a California divorce, as is what will happen to valuable assets, such as the family home. Even when both parties are resolved to remain amicable and work together for a fair and reasonable settlement, money and the division of marital...
A prenuptial agreement is not planning for a marriage to fail
Thinking about a divorce before a marriage even begins may seem counterintuitive to some California couples. However, there are many benefits to planning for this contingency by drafting a thoughtful and thorough prenuptial agreement. This step is not assuming the...