There's a saying that more money often means more problems. While that may not be true in daily life, it is often true during divorce proceedings. Couples facing high-asset divorces may have a frustrating and complex process ahead of them. Financial misconduct can...
When parents divorce or break up, they typically have to find ways to work cooperatively for the benefit of their children. They go to the family court to obtain a custody order and share responsibility for their children. Even in the early stages of divorce before...
Married individuals acquire businesses through a variety of different ways. Some people inherit the family business when a parent dies or retires. Others might start a professional practice once they finish graduate school and pass state licensing tests. Some married...
Spouses who have shared their lives for years or maybe even decades have to find a way to separate their daily lives and resources when they divorce. Property division can be a very challenging issue to address during divorce negotiations. California is a community...
Parents who divorce or separate generally negotiate custody arrangements. If they cannot reach terms amicably with one another, then they can ask a family law judge to review their situation. A custody order typically describes a specific breakdown of parenting time...
Married couples often deposit their checks into the same account and purchase their most valuable resources together. For many families in California, the home where they live together is the most valuable resource that spouses share. When discussions of divorce...
Executives, financial officers and other highly-compensated professionals often negotiate very complex employment contracts when starting a new position. They might request severance pay in case they lose their job without advance notice and may be eligible for a...
People often assume that because California is a “community property” state, each spouse in a divorce will walks away with half of their marital assets. This can result in a considerable change in a person’s standard of living – especially if they have a lower income...
When a couple gets divorced in California, they must divide the assets that they own. Most of the time, this endeavor starts with a process called disclosure, where they each report their assets to the court. The court can then work with them to divide things fairly...
Married couples plan their finances based on the income and needs of both spouses. Sharing financial resources allows a family to afford “more house” when purchasing real estate and can also affect how often the family goes on vacation and what schools children can...