If you're getting divorced in California, you'll need to be aware that some assets are easier to split than others. What are counted as marital assets and what are not will complicate matters. In addition, how your assets are classified will determine what...
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Divorce and a medical practice
Many doctors in California have a successful practice that serves as a private professional business. The success of this business model is well-known throughout society. However, medical practices are treated just like any other private business when a doctor gets...
A divorce with foreign assets
A high-asset divorce in California is sure to disrupt a couple's plans toward wealth. Breaking a marriage up will call for a change in how two spouses handle or use their money. Equity, which is to say a fair share, is what everyone wants during a divorce. Finding an...
Strategies to shield real estate assets in a divorce
In a California divorce, dividing assets of significant value can be complicated. For people in the real estate business, the challenges are magnified because the properties go beyond a family home. The property division can have an extensive impact on the person’s...
Assessing the divorce rate between generations
There are many factors that might lead a California divorce. While these are frequently viewed as problems within the marriage, other issues might be relevant when gauging whether the union is destined to end in divorce. This could be important when thinking about...
Financial preparation to deal with divorce
Divorce can be a challenging time for people in California. While the personal and emotional effects of the end of a marriage can be substantial, there are also a number of financial and practical issues that must be addressed. Both spouses must become accustomed to...
You have choices on how to respond to a divorce summons
If you and your spouse have decided to part ways, your spouse might serve you with a summons and petition. In California, you have the option to respond in different ways to the summons and petition. But before you decide how to respond, you should read both the...
Dividing executive compensation in a divorce
Since California is a community property state, if you get a divorce there, your marital assets supposed to be divided equally. This can be more complex than it appears on the surface. There may be taxes and other considerations when it comes to property division....
How to protect real property in a divorce
Although California is a community property state, there are steps that you can take to protect real estate holdings in a divorce. For instance, you can put them in a trust, include them in a prenuptial agreement or negotiate a deal that allows you to retain those...
What are the top four reasons people get divorced?
Half of all marriages now end in divorce. There are many reasons people get divorced in California, which include communication problems as the conflict becomes more heightened. Many people also fall out of love and no longer have intimacy. This can cause the spouse...