Saving for retirement is often important for an individual's future financial stability. They may set specific budgetary decisions based on their retirement goals. In some cases, the money that they have set aside for their golden years might be the most valuable...
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Property Division
Are student loans part of a marital estate in a divorce?
Community property division during a California divorce is a complicated process. First, spouses must identify the assets and debts that they share. Certain assets may be separate property that the spouses don’t need to divide. Most of the property and income acquired...
What mistakes should you avoid in Sacramento property division?
Divorce can bring many challenges, especially when it comes to dividing property. If you're going through this in Sacramento, knowing the common mistakes people make is crucial. Avoiding these errors can help you manage this process more smoothly and protect your...
How does executive compensation affect your divorce?
Going through a divorce is one of life's most stressful experiences. But if you have significant assets, the process only gets more overwhelming. This is why divorce is usually more complicated for high-level executives. Since your executive compensation goes beyond a...
What are the penalties for hiding assets during a divorce?
Hiding assets during a divorce can lead to significant legal problems in California. Knowing these penalties can help you be more transparent and avoid costly mistakes. Here are the main penalties you might face if you hide assets during a divorce in California:...
3 types of assets that remain separate during divorce
Many people contemplating divorce find the idea of community property division intimidating. They worry that they may have to split everything they own in half with their spouses and may experience significant financial setbacks because of that requirement. Spouses...
The role of mediation in resolving disputes over complex assets
When couples with high-value assets decide to divorce, dividing those assets can be a contentious issue. In California, which is a community property state, the division of complex assets such as art collections, rare collectibles or intellectual property can be...
What is the court’s role during property division?
Divorce can become challenging when emotions run high, especially during property division. If you and your former spouse have disputes involving your assets, the court can intervene and help divide them fairly and equitably. They can also help conduct this step...
Ways to protect your business in a high-asset divorce
The process of going through a high-asset divorce can be daunting. Moreover, the division of a business is among the most complex issues of divorces involving valuable assets. If you are in a high-asset divorce, what steps can you take to protect your business and...
3 common misconceptions about divorce property division
Divorce is a complex and emotional journey. With emotions running high, many divorcing parties end up believing wrong or inaccurate ideas about how the process goes. This can potentially result in misinformed decisions and jeopardized rights and interests. One aspect...