You, like millions of other Americans, consider your pet a part of the family. Your pet may be seen in family pictures, have a spot on the couch just for it and may even join the family wherever you go. Your pet may even get the same level of care as a child would. In...
Year: 2024
Can you keep your family business after a divorce?
You’re proud of the family business that you’ve built up over the years. As a business owner, you’ve put a lot of your time and energy into that company. It’s more than just your source of income. If it was just about money, you’d be interested in selling the business...
What is sudden income deficit syndrome in divorce?
When a couple owns a business together, there’s a chance that one spouse knows all about the finances of the company while the other doesn’t know as much. As a result, the one who isn’t that familiar with the finances of their company will need to pay close attention...
How can the commingling of separate assets occur in California?
When marriages fail and divorce proceedings begin in California, the process involves the division of assets owned by the couple. This often includes determining how to fairly distribute both community property (assets acquired during the marriage) and separate...
What are options for shared rental properties during divorce?
Determining what to do with your home will likely be one of – if not the – most important property division decisions that you and your spouse will make during your divorce. If you have a vacation property somewhere, that may be a similarly consequential concern. Any...
If your spouse hides assets, how will they do it?
Are you worried that your spouse is going to start hiding assets now that you filed for divorce? Maybe they’re frustrated by the divorce and you think they’re going to hide assets out of spite. Maybe they just don’t want to share and you know they’re going to do...
What’s cryptocurrency got to do with divorce?
Financial dishonesty between spouses is nothing new. However, the ways that this aim can be accomplished have become more complex in recent years. Things can come to a head when a couple decides to divorce, and they must divide the property they own. In the event of a...
How can you protect your business in the event of a divorce?
Protecting a business in the event of a divorce, especially in a high-asset situation, requires careful planning and consideration. One wrong move could have significant financial implications. If you are a business owner, there are several things you can do to...
What if my spouse doesn’t respond to divorce papers?
When you and your spouse acknowledge that your marriage is irreconcilable, you can opt for an uncontested divorce. In an uncontested divorce, you and your spouse can seek an amicable resolution to matters of property division, child custody, etc. without leaving your...
What is a toxic, high-asset divorce?
When couples in California go through a divorce, an ideal outcome is having everything work out amicably, with both parties willing to handle everything with minimal stress. However, this is not a reality in toxic divorce cases. In high-asset divorce cases, the stakes...