Preparing for property division negotiations or litigation can be a daunting matter. Particularly when spouses have enjoyed a comfortable standard of living throughout their marriage, they may have reason to worry about unfair property division outcomes. The state's...
Divorce With Respect
Division Of Assets
What is a spouse’s separate property in a California divorce?
A California divorce involves the resolution of both personal and financial issues. Spouses have to discuss the division of their property and the need for financial support. If they have any children together, then they may also need to make arrangements to share...
How community property laws may impact retirement savings
Divorce usually inspires an assortment of financial concerns. People worry about paying for divorce, as the process generates thousands of dollars in costs. They also frequently worry about what property division might mean for their future financial stability. Those...
Divorce doesn’t have to end your marital standard of living
Many married couples in California have gotten used to a very comfortable lifestyle, perhaps because of their combined income or largely due to one spouse’s income. When couples in that latter category divorce, the lesser-earning spouse often is worried that they’ll...
The strong California precedent on hidden assets during divorce
Couples in California often struggle to handle their assets appropriately when they decide to divorce. Although some couples have marital agreements that clarify who keeps what, most couples must settle the majority of those decisions at the end of their marriages....
With divorce on the horizon, what happens to the family business?
At the time you started the family business, you gave no thought to the possibility of divorce. But now that you and your spouse are about to go your separate ways, what will happen to your business? Here are three options to consider. The buyout If you feel your...
3 things to know about community property and asset division
It can be tough to decide who gets what in a divorce. Trying to separate your lives into two separate piles is not something you probably dreamed of doing, but this is inevitable when you divorce. You need to take all your assets and debts and divide them between you...
How do you keep the house in a divorce?
Since California is a community property state, divorcing couples must divide their marital property equally. These strict regulations can lead to challenges when it comes to dividing the family home. Each spouse often has fond memories and attachments to the house....
Valuing stock options: What can we learn from the Bezos’ divorce?
Whether you are a fan of celebrity news or not, it is hard to ignore the divorce of Amazon founder Jeff Bezos from his wife MacKenzie. This has been a noted topic on many news forums since they announced their split via Twitter in early January. While it is not every...
I paid my spouse’s student loans; now they want a divorce!
Bringing a considerable amount of student loan debt into a marriage is not an uncommon thing in California and across the nation. In fact, a February 2018 CNBC article estimated that approximately 70 percent of students graduate college with a large amount of student...