In California, courts consider assets acquired during marriage as equally owned by both spouses. This includes any businesses started or grown during the marriage. During a divorce, the court will consider them equally owned by both parties, even if only one of them...
All divorces have the potential to be complicated. However, divorces involving high-asset, high-profile couples can bring intense public scrutiny that makes the whole process even more uncomfortable. A lot of couples in that position are, understandably, concerned...
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...
Divorce might be the last thing you think about when you first get married. However, with about half the marriages ending in divorce, it might be possible. For this reason, you might be concerned about protecting your assets in California from a divorce. Understanding...
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...
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...
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...
Although California is a community property state, your inheritance might be personal property. If you kept your inheritance separate from your marital accounts, then your spouse probably doesn't have a legal right to the assets during a divorce. The named beneficiary...
Thousands of physicians are practicing in California, and inevitably some of those physicians will find themselves involved in a divorce. A divorce is usually a difficult time, and financial considerations are frequently a significant issue in resolving the divorce....
In California divorce cases, some necessary procedures and documents sound ominous, but they are not. Instead, they are part of a procedure required to split certain assets that ultimately become part of a final decree. A Court Order Acceptable for Processing (COAP)...
