When you are going through a divorce in California, there are many different factors that you must consider. Typically, if you inherit something from say, a great aunt or a grandparent, it will not be subject to equitable distribution. This is due to the simple fact that it is not considered to be marital property…. Continue reading →
Posts Tagged ‘property’
How Viable are Cohabitation Agreements? Are They for me?
Marriage is a legal contract between two people and, for people who do not want this option, cohabitation agreements exist. Unmarried couples need the same option to be able to create a contract amongst themselves that will define rights and obligations that each partner owes to one another. These contracts help you understand one another… Continue reading →
Making Your Counterclaim When You Are Involved in a Divorce
If you are in the midst of divorce, your spouse may have served you with divorce papers. The worse thing that you can do is to never respond. By not responding, you are basically telling the judge to grant your spouse everything they asked for in the complaint for divorce. A counterclaim to this complaint… Continue reading →
The Differences Between Equitable Distribution and Community Property
Your state’s laws may affect the outcome of your divorce settlement, which is why you should understand the difference between equitable distribution and community property. Many states follow the equitable distribution route, which means that the property acquired during your marriage belongs to the spouse who earned it. The court will determine many different factors,… Continue reading →
How Long Does the Divorce Process Take in California?
When you file your petition for divorce, you probably have hopes and expectations that your marriage will end quickly and you can move forward with many aspects of your life. However, you should note that, when you first file your papers and petition the court for your divorce, you must wait 6 months in California… Continue reading →
Is a Prenuptial Agreement Necessary in Your Marriage?
Prenuptial agreements, also known as prenups, are common in many marriages – but must take place before the marriage. They allow a couple to set terms of property rights for their marriage, which offers many protections along the way. In marriage, you never plan for a divorce. However, this happens to many people every year… Continue reading →
How is Property Divided in the Event of a Divorce in California?
In many cases, you may be surprised to find that divorcing couples can come to agreements in terms of their property. However, until a judge signs an order, your community property and debts still belong to you and you will have to arrive at the best conclusion on what steps to take. In California, a… Continue reading →
High Net Individual and Business Owner Divorce
When you are involved in a divorce, anything is on the table. This means that your assets may not be as protected as you once thought. If you are a high net individual or a business owner who has many assets to protect, there are some things that you must remember. This is why we… Continue reading →
Your Business and Divorce: Who is Entitled to What?
When people get married, they never expect for anything to go wrong – especially when they have built a great life and obtained many assets together. However, sometimes the inevitable happens and then a couple must ask themselves, “How do we divide these assets? Where do we turn?” Since many people own businesses, it is… Continue reading →
Mental Capacity Affecting Estate Planning and Wills
In a case known as Andersen v. Hunt, a settlor had established a family trust naming his children as sole remainder beneficiaries with the help of his wife. After his wife died, however, he remarried and had a serious stroke all within years of one another. After the stroke and his remarriage, he amended his… Continue reading →
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