People preparing for divorce in California often have a lot of questions. There are many stories about divorce outcomes that people share that can make others nervous about what happens in family court. Some people have heard exaggerated tales of parents unfairly...
Property Division
Divorce doesn’t have to ruin your savings and retirement plans
People generally don't know what the future holds after they have declared their intention to divorce. Only those with carefully drafted and legally viable marital agreements will be able to predict the outcome of property division with 100% accuracy. Even those who...
What happens if you divorce with a high mortgage balance?
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...
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...