Most couples who are preparing for divorce know that they will need to divide their property, but they may not realize that they will also need to divide their debt. While the final division of debt will depend on the couple’s specific circumstances, there is helpful...
Property Division
How will a prenup affect property division in a divorce?
No California couple enters marriage thinking about what will happen if their relationship doesn’t work out in the future. While it is not pleasant to consider the possibility of divorce at some point, it is often prudent to plan for the possibility. One way to do...
An appraiser to value real estate in a divorce
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...
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...
Clear thinking is critical for a strong post-divorce future
In the complex process of ending a marriage, it’s normal for emotions to run high and frustrations to take over the decision-making process. It’s not always easy to do so, but it’s critical for a California adult to set aside these momentary feelings and consider what...
Handling money well before and during divorce
When facing the end of a marriage, a California spouse is also facing significant financial adjustments. Finances and property division are some of the most contentious issues in any divorce, and the choices made during and after a divorce will affect a spouse’s...
The implications of property division in a gray divorce
The choices made during divorce proceedings will have a significant impact on a California spouse. The property division process is challenging, but it is worthwhile to think long-term and proceed carefully. This is especially true for an individual facing a gray...
Think carefully before fighting for the family home in a divorce
When a California couple goes through a divorce, they must address all marital property, and this often includes the house. Deciding what to do with the family home in a divorce can be a complex and emotionally-challenging process. It’s normal to want to remain in the...
Property division: Why would a spouse try to hide assets?
A California attorney who has been hired to help investigate a possible hidden asset scheme might recommend searching in several different places. Achieving an appropriate property division agreement requires full disclosure on the part of both spouses. If one of them...
Property division: Is your wedding ring marital property?
When a California spouse decides to file for divorce, he or she undoubtedly faces many other decisions and issues that must be resolved before moving on in life. Especially for couples who have been married a long time or those who have children, property division and...