Yes, there are. An uncontested divorce means that the couple has reached an agreement on all family issues, including division of property, child support and visitation, and spousal support. The number one benefit of obtaining an uncontested divorce is that any agreement that you and your soon-to-be spouse reach, will often be more in your… Continue reading →
Posts Tagged ‘marital assets’
Were you married more than 10 years?
California is one of the few states where a person can benefit in spousal support payments if they have been married for more than ten years. The spouse earning less income has the right to receive alimony for however long and as long as the paying spouse can pay it. Although few do, it is… Continue reading →
Coping with divorce
A divorce can turn your world, as you know it, upside down. We all want a carefree life and a marriage that lasts forever. Unfortunately, nothing stays the same forever – change is inevitable. Change can be unexpected and unpleasant. Can you cope with divorce? Divorce is usually accompanied with overwhelming anger, grief, confusion or… Continue reading →
Is mediation for you?
Once upon a time going through the divorce process meant sitting and arguing in a courtroom. Today, there are new possibilities for couples that include mediation and alternative dispute resolution. Most couples face a hostile divorce, especially when children are involved. Custody issues can lead to lengthy conflicts that disrupt the family member’s lives. Mediation… Continue reading →
Division of marital property
Under California law, marital property includes all property acquired during the marriage however titled, unless it is acquired by inheritance. Property division in a divorce is when the assets, property and items of value are divided. California law requires that property is divided 50/50. Factors that come into play when dividing assets include: · Income… Continue reading →
Property Division
California is a community property state. Community property includes all property and debt acquired by the couple from the date of their marriage until the marital cut-off date. This includes all real estate, household goods, automobiles, boats, jewelry, etc. Property division and marital debt issues are settled by a signed Final Judgment of Dissolution of… Continue reading →
Understanding family law
Are you confused about the division of marital assets, spousal support, and child custody? Are you concerned that your financial future will no longer be secure? If you are heading for divorce, chances are you have many questions. You need to understand your options. When you are involved in a family dispute, you need personal… Continue reading →
Prenuptial agreements
Many people are under the mistaken impression that prenuptial agreements are only for the rich and famous. This is not correct. A prenuptial agreement can benefit people of all incomes and asset levels. A proper agreement can provide a reassuring source of clarity for any couple. It details each party’s intentions regarding specific assets and… Continue reading →
Property division and tax consequences
When proceeding with divorce, it is very important for both parties to pay close attention to the relationship between divorce and taxes. The method in which assets are divided can have significant tax consequences to each of the spouses. Tax consequences pertaining to the division of assets in the marital estate plus payments of spousal… Continue reading →
Can I afford a divorce?
In today’s bad economy, some women are asking themselves if they can afford a divorce and become a one-income family. If you are in a marriage that will not get better, keep in mind that there are ways to minimize the cost of divorce. No one can answer the question of whether it is a… Continue reading →
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