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February 2015 Archives

Buying out a former spouse can protect a family business

Most Californians understand that when it comes to divorce proceedings, the state uses the concept of community property. This means all property is split equally between the spouses. Division is fairly simple, but complications can arise if the divorcing spouses are partners in a family-owned business. This is not an insignificant problem given that approximately 3.7 million businesses nationwide are family owned, according to the U.S. Census Bureau.

Property division in Hamm divorce continues to spark debate

Few divorces anywhere, including in California, are easy. When they involve complicated matters such as child support, spousal support and property division, they can be almost impossible to resolve amicably. This is especially true for high asset divorces such as that seen with oil billionaire Harold Hamm and ex-wife Sue Ann Arnall. Currently, theirs is the largest divorce settlement in U.S. history, but the story is not over and could drag on for months, if not years, with the final settlement amount likely to either increase or decrease.

What are the types of visitation arrangements in California?

Divorce can hit children hard. While their parents engage in a war of words, children are often afraid of their future. Seeing their parents fight and left with uncertainty about their future living arrangements, children are often left feeling insecure and worried.

Collaborative divorce less stressful than traditional dissolution

For the majority of American families, including those in California, the idea of going to court can be a somewhat frightening. Courts, however, are the final stop for couples going through divorce. For these couples, the question they must answer is, how will we get to court -- by litigation or by collaboration? When given time to think about it, most couples would prefer to avoid the stress of traditional litigation, particularly if they have minor children. This is where collaborative law can be so useful. It allows a couple to resolve almost every issue and only enter a courtroom to get a final decree.

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John T. Chamberlin, Attorney at Law
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