Preliminary financial disclosure is a mandatory part of getting a divorce. It is important that, when disclosing your debts and assets, you are as honest and transparent as possible. If you or your spouse are found to have purposely omitted any pertinent information, the consequences will affect both parties. When accounting for all your assets,… Continue reading →
Archive for the ‘Property division’ Category
Improve and Maintain Credit After Divorce
When you and your spouse obtained credit together, you entered into a contract agreeing to pay your bills. When you divorce, this contract does not dissolve; each of you remains fully liable for your debts. You can employ a few tactics to make sure your credit obligations do not make your divorce more difficult, like… Continue reading →
Selling a Home After Divorce: Tax Issues to Consider
During a divorce, what to do with the marital home is one of the first concerns that comes to mind. The couple essentially has three choices; they could sell the house and split the proceeds, they could agree to have one spouse buyout the other spouses interests, or they could continue owning the house jointly…. Continue reading →
Who get’s our Dog?
We all love our pets. When going through a divorce, the division of items can be a stressful and daunting task – this includes the family dog. Deciding the outcome between divorce and family dog can be a difficult process for any divorcing couple to go through. Even though many consider their pets as part… Continue reading →
The Divorce Process
The most important step in any divorce is to decide that you are ready to end your marriage. Some people are completely sure of this decision while others go back and forth with their decision. The California divorce process can be long and difficult, especially if you are unaware of what it entails. Once started,… Continue reading →
How can I get Custody of my Pet?
When so many pet owners say they would risk their lives to protect their pet, is it any wonder that so many animal lovers are willing to fight for custody of their animals? Many couples who separate or divorce ask for custody of their dog or cat. As a matter of fact, there has been… Continue reading →
Are lottery winnings marital property?
Congratulations on your lottery win! Now, stop and think. When did you win the lottery? Was it before or after you separated? If you won just a few dollars, or even $100, you may not need to be concerned that the winning will affect anything in your divorce settlement. But, if you made it big,… Continue reading →
Can My Ex Sell Our Home?
Even a divorce that starts out amicable can eventually turn into a battle – despite well-intentioned efforts to remain civil. Regardless of who was to blame or whether you just drifted apart, divorce can be a time to start a new life. Divorce brings change, both personal and financial in the lives of both parties…. Continue reading →
Preliminary Financial DIscloser
The California divorce process requires the couple to prepare and exchange preliminary financial disclosures regarding incomes, expenses, property (both marital and separate) and all debts and obligations with each other. Without them, the judge will not grant the divorce. Not filling them out or filling them out incorrectly can cause problems for both parties. A… Continue reading →
How Is A Business Divided During A Divorce?
Are you heading for divorce court? Do you own and operate a business that you inherited from your family? Owning a business in a divorce can cause the case to become far more complex and involved than it might otherwise be. Furthermore, you might get involved in heated litigation that has the potential to drag… Continue reading →
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