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...
Divorce
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...
The pros and cons of no-fault divorce in California
The divorce rate is unfortunately quite high in the state of California. You should be aware that, unlike in other states, California has four distinct kinds of divorce. One of these is no-fault divorce. No-fault divorce has its own benefits and drawbacks. What is...
What role does a CDFA play in your high-asset divorce?
Some divorces in California can be quick and straightforward, particularly if the spouses do not have many joint assets. However, if you and your spouse have accrued a lot of wealth during your marriage, your high-asset divorce will be more complex. A Certified...
3 Ways to protect your interest in a high-asset divorce
When you’re going through a high-asset divorce in California, one of the most difficult issues to deal with is executive compensation. Executives often receive substantial compensation packages that can include bonuses, stock options, and deferred compensation, These...
Moving on after gray divorce
Divorcing after 50 in California can be challenging, especially since most of these individuals have been married for a long time, and many of these marriages involve spouses in traditional roles. In many cases, at least one of the spouses is at retirement age or very...
Dividing an art collection in a high-asset divorce
Property division negotiations between divorcing spouses often become contentious, and this is especially true when they have significant assets and live in a state like California with strict community property laws. Art collections sometimes account for a...
Divorce-proofing your business
California is a community property state, which means that you could lose half of your business in a divorce. However, there are actions that you can take to minimize the risk of this taking place. For instance, you could put your company in a trust or include it in a...
Discovering hidden assets which can affect your settlement
If you are beginning a divorce in California, you and your spouse will need to disclose all assets and debts as part of the discovery process during the preparation for the division of property. However, everyone is not completely forthcoming about what they own and...