As you and your spouse move through a divorce, you know that you will have to divide the assets that you own. You may be business owners, you may have real estate like a family home or a vacation home, and you may have to split up millions of dollars worth of income,...
Anyone who’s going through a divorce has several things that they have to consider. One of these is what’s going to happen to the marital estate. While many people automatically think about the marital assets, they may not realize that all marital debts also have to...
Some couples jointly own businesses together, which can make a potential divorce more complicated. One option would be to sell the business. This makes it easy to split up the earnings, but it also means that the couple loses the company they built – which may also be...
If you own multiple properties and are facing divorce, you likely have concerns about what will happen to your real estate. Property division can significantly impact your financial future, particularly when substantial assets are at stake. Understanding how courts...
When a couple with significant wealth divorces, a prenuptial agreement can play a key role in dividing assets. In California, prenups are legally binding if properly executed. However, there are limits to what they can control. Below are some of the key ways that...
For decades, you have been developing your career as an artist. It is your primary source of income, and it has made you fairly wealthy. Your art is in high demand, with each piece selling to collectors across the country – or even across the world. Naturally, because...
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...
When couples in Southern California divorce, dividing marital property is rarely a straightforward undertaking. For example, for those couples privileged enough to own an art collection, determining who gets the art in a divorce can be a contentious subject. One might...
The divorce process involves a lot of complex issues, from asset division to emotional strain. It's essential to ensure that all assets, including digital ones like cryptocurrencies, online accounts or intellectual property, are accounted for and fairly distributed....
You, like millions of other Americans, consider your pet a part of the family. Your pet may be seen in family pictures, have a spot on the couch just for it and may even join the family wherever you go. Your pet may even get the same level of care as a child would. In...
