No one enters a marriage assuming that it will end in divorce someday, but it may be prudent to plan for this possibility. California couples planning to marry may benefit from a prenuptial agreement, a document that outlines how the property division process will...
Year: 2022
Can a spouse afford the same lifestyle after a divorce?
Many financial changes are in store for a California spouse as he or she initiates the formal process of ending a marriage. Divorce requires the division of all marital property, which will lead to necessary lifestyle changes and other adjustments. Despite the...
Finding ways to keep your emotions in check during a divorce
There may be few changes in life as stressful and harrowing as going through the end of a marriage. If you and your spouse choose to part ways, you might have concerns about how the outcome of your divorce will affect your life and about the steps to take to prepare...
Money remains one of the leading reasons for divorce
Couples decide to end their marriages for many reasons, but financial concerns continue to be one of the leading factors in this decision. Money-related problems, including carrying significant amounts of debt, are a point of contention for many California couples....
Which assets should a spouse retain in a divorce?
In the course of ending a marriage, spouses must go through the process of dividing their marital assets and wealth. There can be confusion and uncertainty surrounding the issue of which spouse will get to retain the most important and valuable marital assets, such as...
The foundation for a strong financial future after divorce
The financial fallout from a divorce can be long-reaching and significant. A California spouse navigating the property division process would be wise to consider how his or her choices will affect long-term security, seeking terms that will make sense in the months...
Will I lose my business during a divorce?
Running a business is a rewarding endeavor, but there are some life challenges that can make doing so difficult. For example, going through a divorce could jeopardize how you run your business. One of the most important things you need to figure out at the start of...
Specific reasons why two spouses can benefit from a prenup
A marital contract can make it easier for two parties who are preparing to marry to discuss important financial issues and make plans for a contingency in the future. A prenuptial agreement is a contract often used to determine how marital property should be split in...