A divorcing couple in California usually has one very big asset – their house. If the house was purchased after the couple was married, the house becomes community property, and its value will affect how the remainder of the couple’s assets are divided. Experienced...
Month: November 2020
Can business debt also be marital debt?
Many business owners in California have to take out loans on occasion to keep their companies up, running and growing. Generally, the repayment of these loans comes through company funds. However, there are cases where one uses business debt for personal reasons or...
Options for handling a business division after divorce
The divorce or legal separation of a couple where one or both own a family business can be complicated on a number of levels. As we have discussed before, couple who is in the process of dividing a business between the will likely need to have a good idea of the...
A prenuptial agreement is a safety net in case of a divorce
When preparing to marry, most California couples are not thinking about what could happen if they divorce at some point in the future. While a divorce is not part of the plan, it is always beneficial to plan for this possibility by drafting a prenuptial agreement....
Ways to make shared child custody work well
Protecting the interests of the children is one of the primary objectives of any California parent going through a divorce. Parents often choose to share child custody in an effort to give their kids a certain amount of stability and continuity of lifestyle. Shared...
Extra expenses that should be in every child support order
Parents will continue to financially support their kids until the age of 18, yet this can be a complex matter for divorced parents. A child support order should outline how the noncustodial or higher earning parent will provide financial support that is paid to the...
How can an attorney help a victim of domestic violence?
There are unfortunately many victims of domestic abuse in Southern California. According to the National Coalition Against Domestic Violence, 1 in 3 women and 1 in 4 men will experience domestic violence in their lifetime. These statistics are horrifying, but luckily...
A divorce may offer some benefits to California adults
The end of a marriage is a complex and difficult process, and it will certainly lead to some financial changes, regardless of how wealthy a couple is. Due to property division, setting up a new home, living on one income and other factors, adjustment of lifestyle and...
What are my options if my spouse says he can’t afford support?
Perhaps one of the most frustrating conversations a Los Angeles parent can have with her former spouse or significant other tells her that, on his current income, he cannot afford to pay a child support amount that will meet the children’s needs. Of course, in some...
What happens to child support if the noncustodial parent files for bankruptcy?
Getting a child support order is a long and arduous process, but when one is finally granted, the parents can begin to put their financial lives back in order. Unfortunately, in these times, some noncustodial parents are looking to bankruptcy for relief. But, if that...