When a couple decides to end their marriage, one of the first steps they should take is reviewing their financial status. When a spouse does not accurately disclose his or her assets, legal sanctions and severe penalties can occur. California law requires every person who is a party to divorce proceedings to declare their financial circumstances…. Continue reading →
Posts Tagged ‘property’
What happens to debt after someone dies?
When a family member dies and leaves debts, who must pay them? Family members, such as parents and children, are not responsible for the debt incurred by the deceased. The probate court will decide who is responsible. One of the first steps to be taken is to contact all debt holders and advise them that… Continue reading →
Your spouse and the divorce papers
When you want a divorce but your spouse does not, how do you get him or her to sign the divorce papers? It usually is not easy. It will not help your case if you are bitter and angry, maybe even nasty. If you want your spouse to cooperate with you, be nice. Be polite;… Continue reading →
Pre-nuptial agreement
Pre-nuptial agreements protect the average couple – not only the rich and famous. They are becoming more and more popular all the time. The agreement is usually signed before the marriage takes place but can also be signed immediately afterwards. It provides details for dividing all property if the couple decides to divorce down the… Continue reading →
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