If you're going through a divorce, you certainly still have to spend money to meet your basic needs. You need to buy food, pay the rent, pay off credit cards and much more. All of this is fine. What you want to avoid, however, is excessive spending that is out of the...
Division Of Assets
Dealing with valuable collectibles and similar assets in divorce
Keep, split or sell. That is what it often comes down to determining what to do with valuable collections when affluent couples divorce. There may be disputes and tugs of war over these assets, but resolution is necessary as to who gets the fine art, priceless wine...
Can you ask for more marital assets because your spouse cheated?
Couples can get divorced in California for many different reasons, but adultery is still one of the top issues that end marriages. When one spouse is sexually unfaithful to the other, the spouses may go to therapy to work things out, or the relationship may end as...
Who pays student loan debt after a divorce?
Your spouse has a lot of student loan debt -- more than $100,000 -- and has been in school during your marriage. Perhaps you got married as an undergrad or maybe your spouse graduated and then went back to school after your wedding. Either way, you’ve known about that...
Could you be eligible to receive permanent alimony?
Permanent alimony isn’t as common as it once was. In previous generations, it was typically ordered to be paid by men to their wives who didn’t work outside the house once they got married and therefore would have a difficult time obtaining a job that would support...
How do you divide property in a California divorce?
What happens to everything you own when you divorce? It depends on which state you live in. California is a community property state. Most things you acquired while married belong to both of you, and you need to split them in a divorce. Specific things count as...
What happens to your retirement account in a California divorce?
Trying to split up your property can be one of the most difficult and contentious parts of a modern divorce. You and your ex may have different feelings about what is fair regarding the way you split your property, and you may also want to retain the same assets,...
2 warning signs that your spouse has tried to hide assets
One of the hardest parts of getting a divorce will be trying to split up your property. Your spouse could possibly make that process much more difficult by trying to hide assets from you. Hidden assets can lead to a very unfair outcome in your divorce. The courts...
Will divorce impact your business?
Business owners know that a wide variety of factors can impact their business. A shift in the market can bring new success or strain your finances. The right employee can bring fresh ideas and new growth. Every new customer brings new opportunities. Events in your...