Every divorced couple is entitled to legal rights during the process and after the divorce is final. First off, it allows a spouse to file for a divorce on the basis of certain incompatible issues – better known as ‘grounds for divorce’. In California, both spouses have rights on the property and assets acquired during… Continue reading →
Posts Tagged ‘marital assets’
Considering reconciliation
It is not easy to end a marriage. Divorce can destroy a person’s sense of security and belonging. It is a huge loss which has an effect on ones future. Many people would prefer their marriage to work out. Many individuals before seeking the help of a divorce attorney consider an alternative to divorce –… Continue reading →
What happens when happily ever after isn’t?
A wedding is a happy occasion with high hopes for a wonderful and loving future together. Unfortunately, that does not always happen. Marital bliss too often turns to misery and despair. A divorce may be contested or uncontested. When it is uncontested, the two parties have agreed to all matters related to ending their marriage…. Continue reading →
Marriage versus Living Together
Marriage may not be right for everyone. Some couples choose to live together without the benefit of a legal union, such as marriage. There are legal differences between the two relationships, which include: · A marriage ends through a legal divorce that can be costly and emotionally draining – A living together relationship ends upon… Continue reading →
Spousal maintenance or alimony
Are you considering divorce? Do you have questions regarding spousal maintenance or alimony? In certain situations, one spouse is ordered to pay the other spouse alimony in order to equalize standards of living and income during and after the divorce. It helps the spouse that earns less become self-sufficient. It is usually ordered on a… Continue reading →
Does divorce harm the children?
Divorce is an emotional and stressful procedure to go through. But, when children are involved, matters are often made more complicated because the best interests of the children must be considered above all. Even though it is difficult, parents must set aside any tensions or hostility they feel towards each other. They must work together… Continue reading →
Understanding a legal separation
Are you looking to separate from your spouse but not ready to commit to a divorce? If so, it may be wise for you to look into a legal separation. A legal separation allows you to live apart while it makes provisions for any children involved. While you are still married, you are able to… Continue reading →
Creating a prenuptial agreement
You know you do not need to be a Hollywood celebrity or millionaire investment banker to benefit from a prenuptial agreement? Today, prenuptial agreements are being written by people who are entering a second marriage and have children from their previous relationship. It is important to understand your rights and obligations from the beginning –… Continue reading →
Divorce and division of assets
If you are facing divorce and about to be on your own, you are naturally concerned about how your assets and liabilities will be divided. Generally, marital property is considered to be assets and debts acquired during the marriage. Non-marital property is property acquired before the marriage. An exception would be an inheritance received during… Continue reading →
Tax consequences and divorce
When a couple is going through the divorce process, especially when they are fighting over the division of assets, they are not thinking about the significant tax consequences down the road. It is important to know how to make informed decisions about the tax consequences of property division and support payments. It is important to… Continue reading →