Divorce can lead to the loss of assets. Marital assets are typically divided equally in California divorces. This means that any assets acquired during a marriage, including income, investments, real estate and debt, are divided 50/50 between spouses under the law....
For decades, you have been developing your career as an artist. It is your primary source of income, and it has made you fairly wealthy. Your art is in high demand, with each piece selling to collectors across the country – or even across the world. Naturally, because...
In California, courts consider assets acquired during marriage as equally owned by both spouses. This includes any businesses started or grown during the marriage. During a divorce, the court will consider them equally owned by both parties, even if only one of them...
All divorces have the potential to be complicated. However, divorces involving high-asset, high-profile couples can bring intense public scrutiny that makes the whole process even more uncomfortable. A lot of couples in that position are, understandably, concerned...
When couples in Southern California divorce, dividing marital property is rarely a straightforward undertaking. For example, for those couples privileged enough to own an art collection, determining who gets the art in a divorce can be a contentious subject. One might...
If you and your spouse are having marital problems, it may seem like the logical next step is divorce. Still, most couples are reluctant to take that final step. You may want to consider a legal separation instead. But before doing so, it’s important to know how it’s...
Historically, divorce rates in the United States have gone through significant changes. One hundred years ago, divorce used to be incredibly uncommon, and it was very difficult to legally end a marriage. Today, especially because of the rise of no-fault divorce laws,...
When spouses who are relatively wealthy have determined that their union is at an end, deciding how to prioritize different assets quickly becomes a consequential matter of course. If you find yourself navigating such circumstances, you may – very understandably – be...
Going through a divorce means having to split up everything from the marital home to other real property. Some couples have amassed considerable assets, such as vacation homes. Determining what to do with the vacation home is often a major component of property...
Most marriages hit a rough patch at some point. Depending on the issue at hand, you and your spouse may have a hard time being under the same roof without arguing. Still, divorce seems like a drastic solution, and neither of you is ready to take that final step. There...
