Marriage is a legal contract between two people and, for people who do not want this option, cohabitation agreements exist. Unmarried couples need the same option to be able to create a contract amongst themselves that will define rights and obligations that each partner owes to one another. These contracts help you understand one another… Continue reading →
Archive for the ‘Property division’ Category
Protection During Your Divorce: Lawsuits, Assets, and More
If you are in the midst of a divorce, you may be concerned about the assets that your ex-spouse will try to touch. Unfortunately, if you have many joint assets together, you may find yourself spinning in circles in an attempt to safeguard what you own. In some cases, a lawyer may suggest that you… Continue reading →
How Can I Sell My House During a Divorce? How Can I Keep It? Answers and Practical Solutions
Even when a couple has an amiable divorce and has just decided they want to go their separate ways without any lingering animosity toward each other, divorce can still be a difficult and draining process for both of the parties involved. One of the biggest problems that couples face when going through a divorce is… Continue reading →
What Are the Grounds for Divorce in California? What is the Residency Requirement for Divorce in California? How is Property Divided When a Couple Gets a Divorce in California?
These are some of the many questions that may arise when a couple is considering getting a divorce or has already decided to get a divorce in California. Most of the time in California, the grounds for divorce are simply that the couple has differences that cannot be worked through and no other option is… Continue reading →
Separation and Asset Division
The dividing of assets in separation or divorce can be quite complicated, and going through the process blind is an unquestionably bad idea. Any mistakes could be very detrimental to your financial stability in the wake of your separation, (especially if you have valuable property and/or debt) so it’s best to review the process and… Continue reading →
Who Gets the Ring in California?
After an engagement ends, there is a lot of issues to deal with. You have to take care of all the wedding arrangements including the florist, caterer, and dressmaker, all on top of the heartbreak. One issue to consider is the engagement ring; who gets to keep it? The courts have reached different conclusions on… Continue reading →
Am I allowed to make financial decisions for my business after filing for divorce?
During a divorce, the decision making power within the company will stay the same. If you were not allowed to make certain decisions within the company before the divorce, that will not change after you file. A business can be one of the hardest things to divide up after a divorce, and the process can… Continue reading →
Is he Entitled to the Business I had before we Married?
Property you owned before the marriage is considered non-marital property. Non-marital property will not be divided upon divorce. However, if your business increased in value during the marriage, it may be considered a marital asset, which would be subject to division. The division of your business depends on both current contracts and sometimes future potential… Continue reading →
Cohabitation Property Rights for Unmarried Couples
When an unmarried couple lives together, it is very important that they create a property agreement that explicitly states who owns what if the couple separates. Unmarried couples that live together long-term are likely to acquire a great deal of shared property. Without any kind of legal agreement, you are at risk for conflict or… Continue reading →
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