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...
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Property Division
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...
What is someone’s separate property in a California divorce?
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...
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...