Parenting is a rewarding but challenging process. You have to hold so much responsibility on your shoulders to provide the best experience you can for your child. However, it becomes even more difficult when you have a co-parent that challenges your every decision....
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Protecting retirement during divorce
When people in California get a divorce, each may be entitled to a part of the other's retirement account. This can have a significant effect on a person's retirement plans whether it is in a few years or further away. It is important to not become overwhelmed by...
Tips for dealing with new alimony tax laws
California couples who are getting a divorce may be aware that starting in 2019, tax laws around alimony are changing because of the Tax Cuts and Jobs Act. For divorce agreements finalized after the end of 2018, alimony will no longer be tax-payable or tax-deductible....
Gray divorce and retirement
No matter how old individuals are when they get a divorce, it can be a process that negatively impacts them financially and emotionally. For California residents who are at least 50 years old, getting a divorce can be extremely difficult, particularly if they have had...
How comparative wealth can affect divorce
According to some experts, amicable divorces are actually more common among Californians with very significant assets. One divorce attorney said that wealthy couples with over $5 million in assets are more likely to achieve amicable settlements. However, upper middle...
Financial considerations when planning to divorce
California couples who are ending their marriages might worry about what their futures might look like. By taking a realistic look at their finances, they might be able to avoid making costly errors during and after their divorces.According to one financial adviser,...
Divorcing as a business owner
When you are the owner of a business in California, it is only natural to want to protect your assets. Your business is a result of your hard work over many years, and many divorcing business owners worry that their hard earned assets will be compromised in the event...
Divorce during pregnancy: What to consider
As a soon-to-be parent, one of the things you never thought you'd hear yourself say is that you want to get a divorce. After you said the words and thought about the implications for yourself and your child, you grieved over the situation. But at the end of the day,...
Protecting assets during a split
Regardless of who earned an income during a marriage, both parties have their own financial interests to tend to if the marriage comes to an end. California residents should look to open their own bank accounts, learn the basics of financial management and close all...
Divorce stress: How to handle a contentious divorce
There is no question about the emotional distress a divorce can cause. You're losing someone whom you believed you would be with for many years, if not a lifetime. Unfortunately, the reality is that the situation calls for you to separate.Knowing that your marriage...