When California couples divorce, if they also own a business together and do not have a prenuptial agreement in place that deals with it, they will have to decide how to divide it. While one person might want to buy the other out, this could be difficult if that...
Comprehensive Solutions to Difficult Family Law Issues
Month: February 2017
When a third-party trust is considered shared property
Since California is a community property state, most assets acquired during marriage are considered marital property to be divided in the case of a divorce. However, there are a few exceptions to this rule, including inheritances. To maintain an inheritance as...
Trump leaves Obama’s child support changes untouched
Some California parents may be pleased to learn that the Trump administration has not yet interfered with an executive order by Barack Obama that changed the way some states collect child support payments from parents who are imprisoned. The new rule took effect on...
High-asset divorce on the way? Invest in your future now
If you have been fortunate enough to acquire significant assets, then you know that more money can indeed mean more problems. This is exceptionally true when it comes to divorce. While couples who do not have much of an estate may be able to call it quits with...
Developing a housing budget after divorce
Emotional issues often drive people's decision to end a marriage, but the divorce process entails many important financial considerations. Once a couple splits, each party must establish a new household with a single income, which could be difficult in many housing...