Has your marriage deteriorated to the point that you want a divorce? Does your spouse know how you feel? Will he or she be taken by surprise? While there are advantages and disadvantages to every possible scenario on how to speak to your spouse about divorce, ask yourself whether he or she would accept the… Continue reading →
Posts Tagged ‘marital assets’
Thinking of a legal separation?
A legal separation does not terminate the marriage. The couple retains their marital status even though their marriage has fallen apart. They choose to live apart. The same issues as in a divorce process needs to be resolved and adjudicated. These issues include child custody, visitation and support, spousal support, division of property and the… Continue reading →
Divorce and tax consequences
When a couple is divorcing and one of their main concerns is division of property, they hardly ever think about the tax consequences they will encounter down the road. When it comes to child or spousal support, these issues are treated differently under the tax laws. For example: · A parent who pays child support… Continue reading →
Marital settlement agreement
A marital settlement agreement is a contract between two individuals that resolves family issues in a divorce, such as child custody, visitation, child support, spousal support, property division and any other issues related to divorce. Drafting a marital agreement can be quite technical; however, this agreement can be a valuable tool that will save both… Continue reading →
Divorce and splitting up property
Divorce can be a difficult time for all involved. Coming in behind child custody and alimony issues is deciding on who gets what from the marriage. California is a community property state, which means that all community property will be divided equally in a divorce. Community property includes: · Real estate · Vehicles – cars,… Continue reading →
Things to do before a divorce
It can be very stressful and emotional when an individual considers the dissolution of his or her marriage. If you are thinking about filing for a divorce, make sure you are prepared to do so. In order to avoid some common pitfalls associated with divorce, consider the following before doing anything: · Make sure you… Continue reading →
Collaborative law
Collaborative law is an alternative dispute resolution process intended to resolve family law issues without going to court. Issues include, but are not limited to: · Divorce, legal separation, annulment · Child custody, visitation · Spousal support, child support · Division of property · Paternity issues Collaborative law is a creative approach to reduce conflict… Continue reading →
Paying spousal support
A couple who has been married for a long time and decides to divorce always has issues that need to be addressed. The biggest concern usually involves money – providing for the children and the divorcing spouse. In most cases, the spouse who is the higher income earner is responsible for support of the other… Continue reading →
Are you facing divorce?
Are you facing divorce or another family law matter? Are you frustrated, angry or confused? It is difficult to face the uncertain prospect of what the future holds for you. How is this going to affect you financially? The once unconditional love you shared with your spouse has now turned into bitterness and the feeling… Continue reading →
Divorce and property
In a marriage, all of your property is divided into two categories: real and personal. Real property includes your home and any land you own. Personal property is everything else, such as furniture, financial accounts, clothing, art and even knick-knacks on the shelves. All of your property can be referred to as your marital estate…. Continue reading →
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