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,...
Divorce
Should you prioritize retirement funds in a high-asset divorce?
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...
What happens to a vacation home in divorce?
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...
Should you consider a legal separation?
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...
Tips for telling your spouse you want a divorce
It can be difficult to tell your spouse that you want to get a divorce, even if you know that it’s the right choice and that it’s what you really want. Additionally, how this conversation goes may have a major impact on the rest of the divorce process. As such, it’s...
When can I stop paying alimony?
Alimony, also known as spousal support, is a financial obligation imposed by the court in which one spouse provides monetary support to the other after a divorce. In California, alimony is designed to maintain the standard of living enjoyed during the marriage and to...
Will divorce cost you your ex’s retirement benefits?
You are interested in getting a divorce. The only issue that is holding you back is financial. Your spouse has a high-paying job and is currently earning an excellent pension plan, while you don’t work at all. You were planning to use that pension to retire together,...
The unique priorities of “gray divorce”
Everyone’s goals and priorities are different in divorce. These are often determined by what stage of life they’re in. Younger divorcing couples often just want to end their marriage and move on. Couples with children are generally most concerned with how they’ll...
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...
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...