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September 2019 Archives

How do I address college costs in a divorce?

If you are the parent of a child who is still in high school and you and your spouse are getting divorced, it is important that you address the potential for upcoming college costs as you negotiate your divorce settlement. Even if your student attends a California state college or university, the costs can be very high. As explained by CNBC, without any documented agreement between you and your spouse, you could be on the hook to pay for everything. The worst scenario is that this would prevent your child from getting the education they want.

How can I financially prepare for a divorce?

If you are one of the many California residents who is married but may be contemplating a divorce, you are not alone. You may be wondering what your life would be like after a divorce and your finances may be a big part of this. If you have not been directly involved in all aspects of your marital finances, now is the time to get educated about as much as you can.

What is a domestic violence escape plan?

Countless people in California and elsewhere are victims of intimate partner violence. You may wish to get away from your abuser, but you might not know how to do it. In fact, escaping a violent partner can be dangerous to you, your children and your pets. It is vital to have an escape plan in place before you attempt to leave an abuser.

Are student loans split in a divorce?

If you and your spouse in California have made the tough choice to end your marriage, you will need to get a good understanding of your assets and debts. Identifying these things will be an important step in determining how you will divide your marital estate. California is a community property state so a divorce division is required to be equal for both parties although there are many ways that may be accomplished.

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