Have you been served with a divorce petition? If you have, you have 30 days to answer or file a response. If you don’t respond, you may forfeit your rights to contest certain issues, such as child custody or property division. When you respond, you are acknowledging receipt and able to respond to any allegations… Continue reading →
Archive for the ‘money & property’ Category
Splitting a 401(k) in a divorce
The divorce rate for Americans over 50 is at a record high. Employer-sponsored retirement plans comprise a large portion of the wealth of this age group. Because California is a community property state, the division of marital property must be done fairly between both spouses. It is important to understand the rules that govern the… Continue reading →