Are you considering divorce? Do you have questions regarding spousal maintenance or alimony? In certain situations, one spouse is ordered to pay the other spouse alimony in order to equalize standards of living and income during and after the divorce. It helps the spouse that earns less become self-sufficient. It is usually ordered on a… Continue reading →
Archive for the ‘money & property’ Category
Preparing for divorce
Divorce is a complicated process, financially, legally, and emotionally. With careful planning, you can make your divorce process less stressful. The following are ways to help you get through your divorce: First, contact a reputable and experienced Orange County Divorce attorney If you can afford to, find a new place to live Open a bank… Continue reading →
Alimony modification
Alimony or spousal support is paid by one spouse to the spouse with fewer financial resources when the couple divorces. The purpose is to help the less financially advantaged spouse transition into a new life. Before alimony is awarded by the court, it must be proven that the circumstances demand such an order. If the… Continue reading →
Divorce and division of assets
If you are facing divorce and about to be on your own, you are naturally concerned about how your assets and liabilities will be divided. Generally, marital property is considered to be assets and debts acquired during the marriage. Non-marital property is property acquired before the marriage. An exception would be an inheritance received during… Continue reading →
Tax consequences and divorce
When a couple is going through the divorce process, especially when they are fighting over the division of assets, they are not thinking about the significant tax consequences down the road. It is important to know how to make informed decisions about the tax consequences of property division and support payments. It is important to… Continue reading →
Are there benefits to an uncontested divorce?
Yes, there are. An uncontested divorce means that the couple has reached an agreement on all family issues, including division of property, child support and visitation, and spousal support. The number one benefit of obtaining an uncontested divorce is that any agreement that you and your soon-to-be spouse reach, will often be more in your… Continue reading →
Are you getting a divorce?
There is so much more involved in a divorce than just ending your marriage. Many divorces bring complex issues that will change the rest of your life. There are so many questions that need to be answered. A divorce needs careful preparation, even when it’s uncontested. Even the simplest divorce requires a court filing. Don’t… Continue reading →
Can I change my spousal support payment?
Spousal support in California can be a complicated matter. California laws allow either party to modify a support order at any time. The court has the final determination on the modification. If you need to modify your spousal support payment, you can file for a modification; however, many factors are considered first. The court will… Continue reading →
Dividing up marital property
Getting a divorce means dividing the property acquired during your marriage. The first step is to determine what is marital property and what is non-marital property. Marital property is everything you and your spouse purchased during the existence of your marriage. It does not matter if the title is held individually or by both spouses… Continue reading →
Divorce – What are my options?
In California, either spouse can seek dissolution of the marriage. Regardless of who starts the proceedings, both spouses have an equal right to the marital property and custody of any minor children. Your first step is determining how you want to proceed. You have several options, including: · Litigation – In most cases, each spouse… Continue reading →
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