When a couple with significant wealth divorces, a prenuptial agreement can play a key role in dividing assets. In California, prenups are legally binding if properly executed. However, there are limits to what they can control. Below are some of the key ways that...
Some couples will save up for retirement without any sort of organized plan. They may just save money in a bank account or put money into investments together. If they get divorced, it may be fairly straightforward to divide up these financial accounts. They are...
When spouses decide to dissolve their marriage, they need to make some decisions immediately. One of those decisions is their living arrangement. Where will you stay before your divorce is finalized? Below are three options you and your soon-to-be ex-spouse can...
Going through a divorce in California is a complex undertaking, particularly for those who have considerable assets that have to be handled during the property division process. In this state, the community property method of dividing property is used. This means that...
When parents get divorced and create a custody schedule on their own, they generally prioritize what they believe is best for their child. If they cannot agree, then the court must issue a child custody ruling. However, the court uses the same standard—focusing on the...
Dividing property in a California divorce is not always straightforward. While the state follows community property laws, meaning most assets acquired during the marriage are split equally, several factors can make the process more complex. High-asset divorces, in...
Gray divorce, a term coined for divorces between older couples, isn’t spoken of often. This is likely due, at least in part, to the fact that people tend to think these decades-long marriages will last forever. If you’re going through a gray divorce, you may start to...
Couples who own a business together often work hard to grow the company and make it successful. This is often one of the highlights of their marriage, but it’s one that can become an area of contention if they split up. Some people opt to continue joint business...
In one afternoon, your life changes dramatically. Your spouse tells you they want a divorce. They explain that they have been thinking about it for a while and have finally decided it is time to end the relationship. While you may not be entirely surprised—recognizing...
If you are considering a divorce in California, then you may need to consider the state’s asset division laws. Many states are equitable distribution states, which means that assets are divided by what is fair for both parties. Several factors are considered when...
