You’ve decided that it’s in your best interest to remain unmarried. Perhaps you were in a long-term relationship before and it didn’t work out, so you and your partner have decided that marriage is not in the works for you. But you have decided to make the leap into living together for quite a few… Continue reading →
Posts Tagged ‘joint account’
Who is Paying for Things Around the House During Divorce?
Figuring out finances during divorce may be one of the most difficult parts of the entire process for you and your spouse. What happens if you have both decided to reside in the marital home until the divorce is finalized, which means that there are bills to be accounted for in the home? The payment… Continue reading →
Inheritance and Divorce in California: Your Questions Answered!
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 →
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 →
Spouse refusing to pay the joint debts
Is your spouse refusing to pay his or her share of the credit card debt? If this was a joint credit card, look out, the credit card company will come to you for payment. Even though your spouse has an official legal order to pay off certain debt, the account will remain in both of… Continue reading →
Inheritance considered separate property or marital asset?
When a couple starts dividing their assets as the divorce process goes into effect, any inheritance one may have received during the marriage is put on the table. The question arises – Is the money considered separate property or is it a marital asset? The answer is determined by whether the money was kept in… Continue reading →