Houses are often a complicating factor when a couple divorces. You will likely have invested a lot of your marital income into the purchase and maintenance of your shared home. Often, couples combine their income to qualify for more financing together than either...
Property Division
Who gets the family pet in divorce?
Pets have long been thought of as marital property, treated similarly to the other shared assets that couples would need to split. After January 1, 2019, the way pets are handled in divorce changed thanks to a new law, AB-2274. Now, you can expect to treat your pet...
What are the rules for splitting your assets in a California divorce?
Knowing you want to divorce and actually separating from your spouse are very different. It takes a lot of consideration and planning to arrange a separation and dissolution of your marriage, but reaching the realization that you're unhappy can take just a moment of...
How can a California divorce affect my credit?
If you are contemplating getting a divorce from your husband or wife, you may be wondering how a divorce would affect your finances. Since a married couples' finances are usually combined, the process of divorce would effectively take all marital property and divide...
How do I know how long my divorce negotiations will take?
Making the decision to divorce can be challenging. Once you have made that difficult decision, you may not know what to expect. There are many divorce negotiations to resolve including property division, spousal support, child support and child custody concerns. The...
Billionaire and his wife cite irreconcilable differences
When it comes to fortunes in the millions of dollars, it can be mind-boggling. But for one California couple married over 30 years, their net worth is counted in billions. Pimco founder and his wife have filed for divorce, citing irreconcilable differences. The couple...
Understanding how assets are divided in California
The divorce process can potentially have a negative impact on the finances of the divorcing spouses which is why it is important to understand how the property division process works. Property division is an important component of any divorce process which is why it...
Is your ex suffering from Sudden Income Deficit Syndrome?
It's a common syndrome striking those about to divorce. The symptoms are common - and often develop right around the time the divorce petition is filed. They may include: Sudden memory loss when it comes to remembering financial details Unforeseen business losses...
Spousal support is important to many divorcing spouses
Spousal support may be the most important aspect of many divorces, however, it can also be one of the most difficult and contentious parts of a divorce. There may be a tension between one spouse not wanting to provide long-term or permanent spousal support and the...
Understanding the nuts and bolts of spousal support
When a couple divorces, one of the spouses may be ordered to provide monthly support, known as spousal support, to the other. Spousal support can be a significant concern for a divorcing couple. There are a variety of considerations the court may evaluate when...