Complex Assets Commonly Found in High-Asset Divorce
The Assets That Create Challenges High-asset divorce can bring many unique challenges, and part of those challenges can be found in the assets themselves. High-asset divorces often involve more complex assets than those that can be found in a more “traditional” divorce, and those assets bring with them complications that must be solved. Here are […]
Raised Stakes in a High-Asset Divorce
Increased Complexity and Necessary Care While divorce is already a complicated issue, adding various assets and high values multiplies the complexity. The inclusion of factors such as stocks, bonds, real estate, and other appreciable assets requires attention to detail and care in order to obtain the right settlement when the divorce is finalized. For those […]
What If My Spouse and I Own a Business?
Dividing Business Ventures Division of property during a divorce often is a messy and stressful process. Wondering what assets will remain under whose ownership can cause anxiety and worry. That worry can be amplified if a joint-owned business is involved in the divorce. How do these types of assets get divided? California Community Property Law […]
What Is a Community Property State?
When dividing property in a divorce, each state has its own rules. Many states follow the rule of equitable distribution, but California is a community property state. Essentially, according to the California laws, every asset (and liability) bought, earned or otherwise acquired during the marriage becomes marital property and is subject to equal division between […]
High Net-Worth Divorce Issues
High net-worth couples often have unique special circumstances that need to be addressed during a divorce. In a typical divorce, the question of support usually centers on how two separate households can be supported when the single-family unit struggled financially. In high net-worth divorce cases, the question is not how basic living expenses will be […]