Most people feel anxious when they consider dividing their property during divorce. As a community property state, California requires that spouses treat their marital assets as shared resources in most cases. It can take quite a bit of effort to successfully divide...
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Property Division
4 possible outcomes for a family business during divorce
Divorce can significantly affect a family business. When a divorcing couple owns a business together, deciding its fate can become a complex and often contentious part of the settlement process. There are several options, each with its own set of challenges and...
How to divide valuable collectibles during a high-asset divorce
Divorce untangles the life couples built and shared, but more so during the high-asset kind that often involves multi-million properties accumulated through the years. Some assets, such as collectibles, are more valuable than others, not only in the financial sense...
Using a professional appraiser to value real estate in a divorce
Any experienced divorce attorney will tell you that every divorce is different, but almost all divorces share one important feature: the valuation of the family home. For wealthier couples, this dispute could involve hundreds of thousands of dollars. The value of the...
How people can better protect their retirement savings during divorce
Married couples in California generally share their resources and financial obligations. The community property rules in California give both spouses an interest in the income of the other and virtually any assets that they accumulate during the marriage. The longer...
Avoid these mistakes in your high asset divorce
Property division is one of the most complicated aspects of any California divorce and it can be even trickier in a high asset divorce. There is no specific definition of a high asset divorce. It has traditionally been considered a divorce involving at least $1...
Is your ex entitled to part of your pension in California?
California is a community property state, meaning any property acquired during your marriage will be divided equally when you separate. That being said, it is crucial to understand the financial consequences of the divorce, especially regarding your pension. A...
How do you divide your credit card debts when you divorce?
One of the most stressful challenges in a California divorce will be trying to separate your finances from your spouse's. The two of you may own a house and a vehicle together, along with furnishings and many other personal possessions potentially worth thousands of...
Is your spouse hiding assets?
Divorce is rarely easy. You may experience significant challenges, including issues when it comes to property division and marital assets. If your spouse is hiding assets, you may not even be aware of it. Not only that, but the court won’t include them in the...
How is marital property divided in California?
When a married couple divorces, it is almost certain that the subject of property division will come up. And just like child custody and visitation, property division can be a very emotional topic because assets are a reflection of your hard work. Besides, some of...