Protect yourself when divorcing your business partner
The uncertainty of your future after a divorce may be compounded if you are married to your business partner. Not only does such a divorce raise concerns about coping emotionally, deciding where to live, and wondering about your financial resources, but it may cut to the heart of your life goals and livelihood. Divorcing your […]
Can You Get Divorced Before All The Details Are Finalized?
There’s no question that divorces take time, especially when there are contested or complex issues that can take years to resolve. Even spouses who agree on just about everything can still be hamstrung by a single issue such as the division of a business or custody of a child. Rather than wait to resolve issues […]
Making divorce a smooth transition to single life
For a lot of unhappily married people in California, divorce is the end of an error. In most endings, there is always a touch of sadness, but if your marriage has been a source of drastic discomfort for some time, you will more likely be sighing from relief than crying from heartbreak. If, on the […]
Prepare your finances for divorce
Separating you and your soon-to-be ex’s finances during divorce can be tricky. This is especially true if you have been together many years or if there are some high-value assets that the two of you share. When divorce seems inevitable, there are steps that you can take to make the division of your finances easier. […]
Three ways to help your teen while going through a divorce
As moody and uninterested as teens can be, they thrive in their daily routines. Your teen might act like they don’t want to talk about their feelings. They might spend their day glued to their phone. Going to the beach with friends is a priority. Don’t forget that their interactions with you are important, too. […]
What is a Bifurcated Divorce?
Bifurcation in Divorce Given the number of issues that must be decided in a divorce, it can take a long time. Issues with the following can delay the process: child support child custody spousal support (alimony) division of assets What is Bifurcation? If you and your spouse are unable to agree on some aspects of […]
Protecting Investments In Divorce
While the best way to protect your investments in divorce starts long before the divorce ever becomes an issue, i.e., through a prenuptial agreement, trust, estate planning, or another pre-divorce strategy, many people do not have such plans in place. In the absence of a pre-divorce plan, the burden is on you to prove that […]
Pro Athlete Divorce Issues
Professional athletes and their spouses face a number of complex legal issues when going through a divorce. In addition to the routine issues that arise in lower-profile divorces, professional athletes have a number of other circumstances that need to be addressed. Division of Marital Assets in a Professional Athlete Divorce Whether the athlete plays for […]
How Are Marital Assets Valued In California?
When going through a divorce, it is necessary to place a value on items deemed to be community property, which includes all assets and debts acquired by either spouse during the course of the marriage. There are some exceptions, such as property acquired by gift or inheritance, or property acquired prior to the marriage or […]
Division of Assets in a California Divorce
Depending on the state you live in, there are generally two basic methods of dividing assets in a divorce: equitable distribution and community property. California is a community property state, which means the court will divide the couple’s community assets equally. Any asset obtained or income earned during the course of the marriage is considered […]