When an Unmarried Couple Breaks Up, Do I have Rights? When an unmarried couple decides to separate, it can be just as emotionally devastating as when a legally married couple divorces. However, it raises a new set of questions about your rights, and who is entitled to what. Dividing up your assets may be easier… Continue reading →
Posts Tagged ‘Divorce’
Physical and Legal Custody
What’s the Difference Between Physical and Legal Custody? In a divorce settlement, there are two main types of child custody: physical custody and legal custody. Both can be broken down into more specific types of custody. Each type entails different rules and responsibilities for the parents, depending on the terms agreed upon in court. Below,… Continue reading →
Debt during Divorce- Who is Responsible?
California is a community property state- this means that all property acquired during a marriage belongs to both spouses, including assets and debt. Debt belongs to both spouses even if only one spouse signed the paperwork for the debt. However, community property law defines separate property as property acquired before marriage or after separation. So,… Continue reading →
Preliminary Financial Disclosures
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 →
Alimony & divorce
Alimony is also known as spousal support. Alimony, or the amount (in dollars, property, etc.) of spousal support that one spouse will provide to another during divorce or separation is determined by many factors that can include the length of the marriage, the support during the marriage, and is considered a continuation of that support… Continue reading →
Prenuptial Agreement Contract
Are you planning a wedding? Do you have assets that you would like to protect just in case your marriage does not last? Do you have questions about whether a prenuptial agreement is right for you? A prenuptial agreement is a contract between two unmarried people that decide the terms of a divorce before they… Continue reading →
Can I claim my child as a dependent?
According to the Federal Tax Code Section 152(e), “A custodial parent is generally entitled to the personal exemption for a qualifying child when the child: · is under the age of 19 at the end of the tax year · is under the age of 24 and a full-time student · is your biological, adopted,… Continue reading →
Finding Health Insurance After Divorce
If you obtained your health insurance through your spouse’s job, and you get a divorce, you will no longer be covered. Your children may continue to be covered, but it is important you find a new way to provide yourself with health insurance. Luckily, there is a federal law that allows you to continue to… Continue reading →
How long do I have to Appeal a Divorce Judgement?
A divorce decree, or the final judgement in a divorce proceeding, states important terms for issues such as property distribution, child custody, child support, and alimony payments. The right to appeal your judgment is governed entirely by statute in California. If you file an appeal, jurisdiction is turned over to the appellate court, except for… Continue reading →
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 →
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