When you are going through a divorce in California, there are many different factors that you must consider. Typically, if you inherit something from say, a great aunt or a grandparent, it will not be subject to equitable distribution. This is due to the simple fact that it is not considered to be marital property…. Continue reading →
Posts Tagged ‘Assets’
What Financial Information do You Disclose in a Divorce?
When you are at certain parts of your divorce, you may find that you will be expected to disclose certain pieces of financial information. Complying with these laws in the state of California will only work in your favor when you are going through the divorce process. We can help you understand what you are… Continue reading →
Some Things That Only Your Divorce Attorney Knows in Your Divorce
The divorce process can be long and arduous, bringing many battles along the way as you attempt to figure out many aspects of your life like child custody and assets. Because divorce can be so complicated, it is best to turn to an attorney in your time of need because they understand the specific laws… Continue reading →
The Differences Between Equitable Distribution and Community Property
Your state’s laws may affect the outcome of your divorce settlement, which is why you should understand the difference between equitable distribution and community property. Many states follow the equitable distribution route, which means that the property acquired during your marriage belongs to the spouse who earned it. The court will determine many different factors,… Continue reading →
Why the Uniform Premarital Agreement Act is a Useful Tool
To understand the Uniform Premarital Agreement Act (UPAA), you must first understand what a premarital agreement is. These are agreements that are made between parties who are anticipating marriage and cover issues like property division, child custody, alimony, and many more subjects in the event that a divorce occurs. When a couple adopts the UPAA,… Continue reading →
Filing for Bankruptcy and Divorce: Which Comes First?
Let’s say that you are in a position where you are ready to file for divorce and the other spouse is not paying for your mortgage, so you are left to settle matters on your own. You may wonder if you should file bankruptcy first or if divorce is the best option. To put things… Continue reading →
Is a Prenuptial Agreement Necessary in Your Marriage?
Prenuptial agreements, also known as prenups, are common in many marriages – but must take place before the marriage. They allow a couple to set terms of property rights for their marriage, which offers many protections along the way. In marriage, you never plan for a divorce. However, this happens to many people every year… Continue reading →
Divorce Cliches: Everything People Have Probably Told You About Divorce
If you are in the midst of a divorce, you have probably heard divorce clichés while preparing for your time in the courtroom. Truth be told, divorce isn’t always what you expect it to be. This is why it is important to learn more about these clichés and set the record straight to understand what… Continue reading →
How is Property Divided in the Event of a Divorce in California?
In many cases, you may be surprised to find that divorcing couples can come to agreements in terms of their property. However, until a judge signs an order, your community property and debts still belong to you and you will have to arrive at the best conclusion on what steps to take. In California, a… Continue reading →
Issues in Divorce Cases Involving High Assets
Recently, we heard of Johnny Depp’s high-asset divorce proceedings in the news and the many complications that have come to light. Johnny Depp has been building an extremely expensive art collection that includes the art of many famous artists around the world. When a divorce was announced to the public, Depp quickly put up pieces… Continue reading →
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