Although California is a community property state, your inheritance might be personal property. If you kept your inheritance separate from your marital accounts, then your spouse probably doesn't have a legal right to the assets during a divorce. The named beneficiary...
Year: 2023
Shutting down a joint bank account after divorcing
Deciding on a divorce and finalizing this agreement isn't always easy for California adults. Fortunately, some aspects of divorce are easier to take care of than others. As a court prepares to divide your assets, you and your former spouse may need to close a joint...
Can my spouse claim a share of my pension in a divorce?
California residents going through divorce have many financial questions about the process including if their spouse is eligible to take a share of their hard-earned pension. Pensions are the sum of many years of devotion and work and are one of the most valuable...
The difference between legal separation and divorce
If you're having a challenging time with your spouse and considering a divorce in California, you might want to legally separate first. This option is a category between marriage and divorce that you can use to work on your differences. Understanding your choices is...
When couples are arguing, it is wise to be composed
California couples who are experiencing marital problems will frequently have arguments. As the situation gets worse and they approach a breaking point, it can be exacerbated if the disputes grow contentious. Recognizing when this is occurring is key to avoiding it....
Your medical practice during divorce
Thousands of physicians are practicing in California, and inevitably some of those physicians will find themselves involved in a divorce. A divorce is usually a difficult time, and financial considerations are frequently a significant issue in resolving the divorce....
4 things for parents to consider before divorce
The most common concern for parents in California who want to get a divorce is how the end of the marriage will impact their children. There’s certainly no getting around the fact that your divorce will impact your children, but you and your ex can still work together...
What should you do with your home in a divorce?
Divorce creates a number of logistical questions for California couples. One of the most common questions issues involves what to do with the marital home. There are several options to consider. Sell and split Many divorce courts require a couple to sell their marital...
Dividing marital assets under California’s community property law
Most states have equitable distribution laws that require marital assets and liabilities to be divided fairly in a divorce, but California is a community property state. This means that when family jaw judges are called upon to decide these matters because divorcing...
Protecting your retirement plans during a divorce
If you and your spouse in California have decided to get divorced, one of the first moves you should make is to modify your retirement accounts. Sorting through the financial implications of how your property must be divided will save you a lot of heartache later on...