Hubert Joly, Best Buy CEO had to sell 451,153 shares of his company’s stock – for a total of $16.7 million. Why? You ask. Some assets are easy to divide in a divorce, such as selling an automobile or even a home. Dividing stock options can present a unique set of challenges and can be… Continue reading →
Archive for the ‘Property division’ Category
Dividing The Marital Home
When one spouse is awarded primary custody of the children, judges are often reluctant to interrupt the status quo – resulting in that spouse getting the house. However, because it is usually difficult for one spouse to handle the mortgage and running the household alone, the couple usually ends up selling the house and dividing… Continue reading →
Do I Have To Share My Retirement Benefits?
There are currently millions of workers covered by employer-provided retirement plans in the United States. For most of these people, retirement savings represent one of their most significant assets. For a married person, especially one that is about to be divorced, it is important to know how his or her interest will be divided at… Continue reading →
Post Judgement Modification
After a divorce is final, most people would like to just walk away. However, realistically, events occur that require revisiting some of the issues that were resolved during the divorce process, such as modifications of child custody and visitation, child support, or spousal support. The child custody, visitation or support orders that were appropriate at… Continue reading →
Dissolution Of Domestic Partnership
A domestic partnership is a legal relationship between two individuals who live together and share a common domestic life, but are not joined by marriage or a civil union. In California, it is almost equivalent to marriage. If the couple has a registered domestic partnership and they want to dissolve it, they need to file… Continue reading →
The Divorce Process; Who Get’s What?
Once your divorce papers are filed and served, neither spouse can sell property, remove children from the state of California, or change insurance policies. During the trial permanent orders are awarded regarding child custody, visitation and child support. The property, assets and debts are divided. California is a community property state which means the property… Continue reading →
My Husband is Cheating on me, I Want A Divorce!
Infidelity is probably the single most damaging thing that can happen to a marriage, and it’s very unfortunate because it is one of the most common problems a married couple will face. The feelings of betrayal can last a lifetime. In most marriages, however, infidelity leads to divorce. California is a no-fault divorce state –… Continue reading →
Divorce Litigation: 5 Things you need to Know
The divorce rate is at an all-time high. Almost 50 percent of all marriages end in divorce. Divorce litigation is when a divorcing couple cannot come to a settlement agreement; they need the help of the family court to settle issues regarding child custody, child support, spousal support, and property division. If you are going… Continue reading →
Division of property during divorce
One of the most challenging and stressful aspects of the divorce process is property division. At the end of a marriage the couple must divide property acquired during their marriage. This process can be simple or it can be complex. In California, all property acquired during the marriage becomes community property and must be divided… Continue reading →
What happens during the divorce process?
Although there are some divorces that are easy and involve minimal help from an attorney, there are many that are not simple and require a lot of time from an experienced Orange County Divorce attorney. The divorce process: · One of the spouses initiates the process by filing a complaint with the court listing the… Continue reading →
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