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Since California is a community property state, if you get a divorce there, your marital assets supposed to be divided equally. This can be more complex than it appears on the surface. There may be taxes and other considerations when it comes to property division....
California residents who have built a real estate portfolio and are going through a divorce will have to make decisions that may potentially affect their livelihood. While it may be a complex issue when divorcing couples are negotiating the division of property, there...
Although California is a community property state, there are steps that you can take to protect real estate holdings in a divorce. For instance, you can put them in a trust, include them in a prenuptial agreement or negotiate a deal that allows you to retain those...
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...
