During the turbulent emotions and challenging legal proceedings of a divorce, some spouses make bad financial decisions that can potentially impact the rest of their lives. Under California’s community property divorce laws, a couple’s marital assets must be divided as close to 50/50 as possible….
California is a community property divorce state where the court considers all assets and debts accumulated during the marriage as marital property subject to 50/50 distribution regardless of whose name is on the account or property. Only those assets and debts belonging to a spouse…
The process of ending a marriage is emotionally distressing and almost always involves one or both spouses losing the marital home. While the turbulent time of navigating a divorce may not seem like the right time to make a huge decision like buying a new…
Divorce can be one of life’s most difficult experiences both emotionally and legally. But if you’re proactive in organizing the logistics of the divorce before it begins, it helps to streamline the legal process and allows you to focus more attention on the emotional process…
You or your spouse’s retirement or pension plan could represent a large share of your assets. Dividing retirement or pension benefits could become one of the most contested parts of your divorce , domestic partnership dissolution , child support case , or alimony negotiations. Deferred…
Because California is a community property state, you know that any shared assets or debts you take on during your marriage will be split 50% between you and your spouse in a divorce. Naturally, that includes any income, salary, real estate, or other types of…