Many couples going through divorce complain about the ability to keep things afloat while their case is pending. The financial constraints of paying for two households cause some to face foreclosure and substantial debt or worse, bankruptcy. Divorce is rarely easy and quick – it is usually very difficult. As a matter of fact, divorce… Continue reading →
Posts Tagged ‘marital property’
What is a post-marital agreement?
Getting married and didn’t make a pre-nuptial agreement? It’s not too late to protect your assets. A post-marital agreement is made after the marriage takes place, but before separation, divorce, or death takes place. In order for your post-marital agreement to be valid and not nullified by a court, both parties must disclose all of… Continue reading →
Divorce and the husband
In California seven out of ten divorces are initiated by the woman. In most cases, if children are involved, the woman stays in the home – using all the furnishings and property that’s in it. The man gets to find another place to live and begin his next steps – a custody battle that includes… Continue reading →
Divorce and Inheritance
Under California law, when a couple divorces, each spouse is entitled to one-half of all assets accumulated during their marriage. If an inheritance is involved, that is not included; a gift of inheritance is considered separate property and is not required to be shared. Separate property is something acquired by either party before the marriage…. Continue reading →
Can you receive your husband’s pension?
In case you are not aware, a pension that your husband will receive is part of marital property in a California divorce. The distribution is usually up to the court. The court may divide the amount, giving each party a percentage, which is distributed at retirement or it may award the entire amount to your… Continue reading →
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