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 →
Posts Tagged ‘property division’
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 →
Do you have contempt issues?
What happens when your ex-spouse violates the terms of your divorce settlement? The decision to divorce, in most cases, is a difficult one. Reaching an agreeable arrangement for child and/or spousal support, child custody, visitation, property and debt division, and all the other family issues involved in the dissolution of a marriage is time-consuming, stressful… 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 →
Are there benefits to an uncontested divorce?
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 →
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 →
A divorce that never ends
Perhaps you have read about the couple that has been going through a divorce for the past 12 years and it’s still not final. He’s 79 and she’s 74. They have gone through numerous attorneys and judges during this time. Emotions are charged; they are frayed. Even though the couple still battle in court over… Continue reading →
Prenuptial agreement before marriage
A couple that enters into a prenuptial agreement before marriage addresses property issues that may arise in the event of divorce down the road. They are entered into when there are children from a previous relationship that need to be provided for. In addition, they are used when one party brings substantially greater assets into… Continue reading →
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