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Divorce can be difficult even for the person who files. The upheaval affects not just the California couple but their children, friends and other family members, and the lifestyle of the spouses may substantially change. Divorce can also be costly. For these reasons,...
Dealing with the division of assets in a California divorce oftentimes proves to be the most challenging, complicated aspect of the end of a marriage. The more assets involved, the greater the odds that an acrimonious situation will develop. In this regard, people...
In California, an alternative to divorce is legal separation. This process is different from divorce, although they both result from irreconcilable differences between you and your partner. You can also file for separation if your spouse is permanently incapacitated...
Divorcing close to retirement age could put you at risk of financial hardship if you don't know how to protect your assets and minimize your expenses. You should take a hard look at your finances before beginning the process. California is a community-property state,...
California spouses who are beginning the divorce process need to understand how assets are divided up. It's important for them to realize that some assets are harder to divide than others. One of the most difficult to split is a retirement account. Determine separate...
Half of all marriages now end in divorce. There are many reasons people get divorced in California, which include communication problems as the conflict becomes more heightened. Many people also fall out of love and no longer have intimacy. This can cause the spouse...
Once you decide to file for divorce in California, your spouse can be eligible for their share of your 401k. Dividing retirement accounts is one of the most lengthy and complicated parts of the divorce process. Any funds that were contributed to the 401k during the...
When you go through a divorce, the value of the assets acquired during the marriage has to be calculated, which includes a business. If only one person in the marriage operates or runs the business, it's often awarded to the person who manages it. If both spouses are...
A persistent misperception is that the division of assets and distributions of debts in a community property state like California is easier. The thinking is that all a court must do is split everything in half. In fact, the matter of dividing property and debts can...
Some couples in California might struggle in their marriage and decide that staying together might not be the best thing at that moment. For some, divorce is the next step, but others might not be ready to sever ties permanently. Couples in this situation might opt...
