A marital settlement agreement is a contract between two individuals that resolves family issues in a divorce, such as child custody, visitation, child support, spousal support, property division and any other issues related to divorce. Drafting a marital agreement can be quite technical; however, this agreement can be a valuable tool that will save both… Continue reading →
Archive for the ‘money & property’ Category
Divorce and splitting up property
Divorce can be a difficult time for all involved. Coming in behind child custody and alimony issues is deciding on who gets what from the marriage. California is a community property state, which means that all community property will be divided equally in a divorce. Community property includes: · Real estate · Vehicles – cars,… Continue reading →
Do you have spousal support issues?
Spousal support is a monetary payment that is made by one spouse to the other in the event of a divorce or legal separation. The spouses can either agree upon the amount and duration of the payments or they can have the family court intervene. When the court intervenes, the judge reviews each spouse’s: ·… Continue reading →
Things to do before a divorce
It can be very stressful and emotional when an individual considers the dissolution of his or her marriage. If you are thinking about filing for a divorce, make sure you are prepared to do so. In order to avoid some common pitfalls associated with divorce, consider the following before doing anything: · Make sure you… Continue reading →
Paying spousal support
A couple who has been married for a long time and decides to divorce always has issues that need to be addressed. The biggest concern usually involves money – providing for the children and the divorcing spouse. In most cases, the spouse who is the higher income earner is responsible for support of the other… Continue reading →
Are you facing divorce?
Are you facing divorce or another family law matter? Are you frustrated, angry or confused? It is difficult to face the uncertain prospect of what the future holds for you. How is this going to affect you financially? The once unconditional love you shared with your spouse has now turned into bitterness and the feeling… Continue reading →
What is marital debt?
Although divorce involves many aspects of household dissolution, the matter of marital debt remains a complex matter. Marital debt is debt incurred during the course of the marriage. As if the emotional trauma of a broken marriage is not enough, the separation of a pair of personal lives is magnified by the separation of economic ones. Now,… Continue reading →
Divorce and personal injury settlements
Have you or your spouse been involved in an automobile accident? Did one of you receive a settlement from that accident? What happens to this settlement in a divorce case? Is the money community or personal property? In California, all property, including any monetary settlements, acquired during the marriage is considered community property. However, there… Continue reading →
Divorce and property
In a marriage, all of your property is divided into two categories: real and personal. Real property includes your home and any land you own. Personal property is everything else, such as furniture, financial accounts, clothing, art and even knick-knacks on the shelves. All of your property can be referred to as your marital estate…. Continue reading →
Divorce rights
Every divorced couple is entitled to legal rights during the process and after the divorce is final. First off, it allows a spouse to file for a divorce on the basis of certain incompatible issues – better known as ‘grounds for divorce’. In California, both spouses have rights on the property and assets acquired during… Continue reading →
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