Because California is a community property state, almost everything you acquire during the marriage is equally owned by you and your spouse. This includes your investments, business and gains on any existing assets you had before the marriage. Continue reading to...
High-Asset Divorce
The influence of stock options in high-asset divorce
Technically, stock options get similar treatment as all other marital assets in California when a couple is divorcing. That boils down to determining if the portfolio qualifies as "marital" or "separate" property. Divorce considerations of stock options All decisions...
Dividing art collections in a divorce
Some California couples amass sizeable art collections during their marriages. When the relationship ends, artwork collected during the marriage will be part of the marital estate and subject to division. Since art collections can be especially valuable, it is...
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...
How to value assets in a high-asset divorce
When a divorce involves a large estate, it's critical to value assets appropriately. Overlooking the asset valuation process may result in a spouse receiving far less than they deserve. California litigants involved in a high-asset divorce should be aware of the...
How divorce impacts California dental practice owners
No matter who you are, divorce is an experience that changes your life in many ways. For people who have significant professional accomplishments, divorce may cause even more of a stir with their complicated assets. In cases of a high-asset divorce where one or both...
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....
Dealing with life insurance in a California divorce
Dealing with the division of assets in a California divorce oftentimes proves to be the most challenging, complicated aspect of the end of a marriage. The more assets involved, the greater the odds that an acrimonious situation will develop. In this regard, people...
Mistakes people make when divorcing later in life
Divorcing close to retirement age could put you at risk of financial hardship if you don't know how to protect your assets and minimize your expenses. You should take a hard look at your finances before beginning the process. California is a community-property state,...
What to know about our 401ks and divorce
Once you decide to file for divorce in California, your spouse can be eligible for their share of your 401k. Dividing retirement accounts is one of the most lengthy and complicated parts of the divorce process. Any funds that were contributed to the 401k during the...