One of the most complex aspects of a divorce is determining what should happen to marital property. Property division should result in each spouse receiving equal shares of all community assets. This is also the same for debt accumulated over the course of a marriage....
property division
Property division with post-divorce financial security in mind
The decisions made during a California divorce will have a long-term impact. This is why it is especially important to walk through the property division process with future financial security in mind. It takes careful planning and an avoidance of emotionally driven...
Holding on to your business during divorce
Divorce can be a complicated matter that encompasses a wide range of issues. There is the emotional element for spouses as well as other family members that come from terminating a flawed marriage. However, marriage is also a legal agreement between two people...
California property division governed by laws of community
The one who earns the most in a marriage is likely the one who may have to fork out alimony and child support payments. When it comes to property division, though, there are certain states, like California, that follow the laws of community property, meaning that all...
‘The rich are not like the rest of us’
The above quote appears in F. Scott Fitzgerald's novel The Great Gatsby. He meant that people of means, people with above-average assets, are exempt from the suffering other people experience.But the saying is not true. People of wealth from business, the...
Property division after divorce: Understanding the process
No matter how long a couple has been married, divorce can be an arduous, lengthy process. A couple divorcing in California who have amassed a sizable number of assets -- some of which may include property -- may not be aware of the ins and outs of the state's property...
Cheating in property division
The property division process in California divorce requires that both sides place all their assets on the table.Sometimes one side decides to keep valuable assets a secret. This is a major no-no in divorce, but it happens, because some people think they are smarter...