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Finding hidden assets in a California divorce

When high-asset couples decide to divorce, the spouses may face a problem that does not plague low or medium income families: the search for hidden assets. Hiding assets or, more exactly, failing to disclose assets, in a California divorce may or may not be criminal, but it is most certainly a violation of the rules that govern California divorces. If an about-to-be-divorced spouse is concerned that the other party may have hidden a significant portion of their joint assets, the person's lawyer should be informed so that the court procedures for compelling disclosure (called "discovery") can be invoked. The spouse should also begin a personal search for such assets.

Lack of prenup may cost singer Adele millions in divorce

Pop singer Adele took her time in confirming that she was married to her financier husband. The pair waited five years after they started dating to announce that they were married. Now, the couple appears to be on the verge of divorce, and Adele faces the loss of many millions of dollars because she and her husband apparently did not sign a prenuptial agreement. No divorce proceedings have commenced, but observers of celebrity marriages are already talking about the amount of money that Adele will be required to pay to Konecki if the high asset divorce is filed in California.

How a forensic accountant can ensure a fair property division

Most residents of Sacramento who are thinking about ending their marriage may think they can go through the process alone with minimal professional help, but this might leave them at a disadvantage. Experts, such as a forensic accountants, can be very helpful during the divorce profess. This branch of the accounting profession is not well known, but an expert forensic accountant can be an essential part of a winning divorce team.

Consider your credit in a high asset divorce

Sometimes, relationships and financial accounts don't mix. This can be true when you and your now estranged spouse are thinking about or going through a divorce. Most married couples share some financial assets and responsibilities that can include bank accounts, mortgages and credit cards. Since California is a community property state, there can be additional things to consider in terms of finances, separation and divorce.

Guidelines for high asset divorces in California

Divorcing couples in Sacramento who own significant assets face a number of issues that do not usually come up for couples who are not as well off. That issue is the division of their assets to comply with California's community property laws and also the requirement that the division be fair to both spouses.

Angelina Jolie - Pitt looking to finalize divorce by year's end

Angelina Jolie and Brad Pitt's divorce has been headline news for years now. There have been accusations on both sides and child custody headlines concerning the custody status of their six children. In recent news, Angelina Jolie reports that she is seeking to have a resolution to their divorce by the end of 2018. This process has been in the media spotlight for the roughly 2 years since divorce was filed with the court.

Lawyer can be key to finding hidden assets in California divorces

For Sacramento couples with a high net worth, dividing assets in a divorce can be a quagmire of emotion and uncertainty. Couples will fight over which assets are community property and which are separate property. And, one of the thorniest issues is whether one or both spouses have hidden assets.

Casey Affleck's wife files for divorce

Another Hollywood, California, couple has announced their impending divorce. It always shocks those who follow celebrities as it shows that celebrities are not perfect. They do not lead the lives we see on the big screen. They are simply people and in their marriages and sometimes, it just does not work out.

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