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...
divorce
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...
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...
Divorce and its potential impact on retirement savings
Divorce and its financial repercussions can affect a California spouse for years to come. While money-related changes are inevitable, it is prudent to consider how to mitigate negative consequences as much as possible, especially with retirement savings. With...
Important asset details to consider during divorce
Going through a divorce at any age poses its difficulties. However, the closer a person is to retirement, the more difficult recovering financially from ending a marriage may be. Of course, that does not mean that you need to remain married in order to remain...
Priorities for an older individual facing a divorce
The end of a marriage represents the possibility of significant financial changes for both parties. The implications are especially serious for two people who are nearing retirement age, as a divorce will impact savings, retirement plans and one’s financial future. A...
Troubling effects your divorce could have on your business
California business owners know that keeping a business operational means working more than just a 9-to-5 workday. Often, business owners and their families can feel the strain of having such an enormous responsibility, and in some cases, married couples may not feel...
Cryptocurrency could affect property division during divorce
One of the most complex aspects of ending a marriage is deciding what will happen to a California couple’s property. Community property is typically divided equally between the two parties or according to the terms of a prenuptial agreement. However, this process can...
Avoiding financial mistakes during a gray divorce
One of the most pressing concerns for anyone facing the end of his or her marriage is the reality of significant financial impacts. While money is a concern in any divorce, it may be particularly concerning for those who are age 50 and up. A gray divorce can lead to...