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...
Year: 2021
What to do with your business if going through a divorce
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...
Qualified domestic relations order in high-asset divorce case
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...
Sometimes a legal separation is a better option than divorce
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...
Different types of divorce in California
The process of going through a divorce is not a one-size-fits-all proposition. Many people seeking to end a marriage in California do not realize that there are different types of divorce, each with its own pros and cons. Two of the most common types of divorce are...
Are college expenses a part of child support?
Many parents in California are aware that child support is meant to cover the child’s basic necessities. However, some parents are not aware of the additional expenses that child support needs to provide for. Divorced parents may wonder about the intersection between...