Not all divorces require one spouse to pay spousal support to the other. If there is a significant income disparity between the couple and they have been married for a long time, the chances of one paying the other spousal support are great. The family court judge retains jurisdiction over the spousal support issue. If… Continue reading →
Posts Tagged ‘ex-spouse’
Joint debt
Your final divorce agreement says your spouse is responsible for paying the credit card debt. What happens if he or she doesn’t? Even though there is a court order for your spouse to pay off certain debt, the account will remain in both of your names until there is a zero balance. A joint account… Continue reading →
Divorce and children
Divorce is no fun. It is filled with pain, confusion, bitterness and financial expense. It is especially sad when one party wants it and the other doesn’t. It gets worse when there are children involved. If your spouse wants a divorce, but you don’t, consider the following: · Is it worth staying together? Would you… Continue reading →
Dividing retirement accounts
California, being a community property state, calls for pension plans, 401k plans, IRAs, and other types of retirement accounts to be divided equally. Next to the family home, retirement plans are one of the biggest assets of the marriage. Retirement accounts are divided in one of two ways: 1. Qualified Domestic Relations Order 2. Divorce… Continue reading →
California specific guidelines on paying child support
The state of California has specific guidelines that determine the amount of child support that should be paid in order to ensure that your child receives proper care. It is up to both parents to provide for their child, both financially and emotionally until at least 18 years old. When determining the amount of child… Continue reading →
Is Collaborative divorce right for you?
Most people are familiar with traditional litigation where they go to court with their attorney, using the facts of the case to convince a judge to agree with the outcome they desire. Litigation has its benefits and drawbacks. If the couple is low-conflict and wish to divorce amicably, there may be another option – Collaborative… Continue reading →
After divorce
Are you newly divorced? Do you want to get on with your new life or hang around the surroundings that constantly remind you of the life you shared with your ex-husband? It’s time to redefine your space to present the new you. Because you don’t want to sleep in the same room you shared with… Continue reading →
Can I collect alimony?
Alimony or spousal support is designed to provide the lower-income spouse with money for living expenses. This is in addition to any child support that is awarded. The judge looks into several factors when considering alimony. Examples include the spouse’s ability to work, age, health, length of the marriage and if he or she was… Continue reading →
Filing an appeal
Your final divorce judgment has been handed to you after months and months of battling with your ex-spouse. What do you do if you are not happy with the court’s decision? You can file an appeal to a higher court to review a possible mistake. If you believe the first court made a mistake in… Continue reading →
Budgeting your money
Divorce is not an easy process to go through. With it not only comes changes in emotions and daily lifestyle, but divorce also brings changes in finances. You no longer have two salaries to depend. It is important to work out a budget and stick to it in order to take control of any situation… Continue reading →
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