Some couples in California choose to freeze embryos so that they can still have biological children of their own even after one spouse becomes infertile. When the couple divorces before the frozen embryos are used, there are a lot of questions about what the parties...
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Divorce
Claiming Social Security benefits from spouse’s earnings
Individuals in California whose spouses have paid into Social Security may be entitled to collect benefits based on those earnings, even if they are divorced. However, in order to collect these benefits, the individual must meet several important requirements,...
Chris Rock in divorce battle
California fans of Chris Rock may realize that the comedian's divorce is no laughing matter. The case puts the star's $70 million fortune in jeopardy. Rock initiated the divorce proceedings in December 2014. The two were married in 1996 after they met at the Essence...
Importance of Social Security planning in divorce
Many California residents have heard that Jennifer Garner and Ben Affleck are apparently preparing to divorce. Although initial reports indicated they would wait until after they had been married for 10 years, recent ones now indicate they will divorce before that...
California divorce and credit implications
California is a community property state, which means all debts and assets are considered to belong to both parties while married. Any debts incurred during the marriage, even on an individual account such as a credit card, may be reported on both spouses' credit...
Protecting a business from the possibility of the owner’s divorce
Even if their marriages currently seem blissful, wise entrepreneurs might do well to have some safeguards in place in case their unions turn sour down the road. This is especially true in community property states, like California, where assets accumulated during the...
Dividing a 401(k) in a divorce settlement
A person who is going through a high asset divorce in California might wonder what will happen to their 401(k) plan. Depending on the details of the divorce settlement that is reached, an individual will likely have to pay out a portion of the assets that they have in...
Understand your financial accounts before divorce negotiations
Getting divorced in California can seem complicated, especially when it comes to discussing property division. Many couples worry about how their finances will be affected after the divorce, and one of the most common battles spouses go through during divorce involves...
Planning for divorce in California may include support system
The decision to file for divorce is a highly personal decision. One of the many difficulties that some people in California may experience is the fear of the unknown. While some people considering divorce may have been through the process in a prior marriage, the...
Californians may need to address stock options in a divorce
Dividing assets and debts during a divorce can be daunting for people in the East Bay area. California residents who divorce are generally entitled to an equitable distribution of marital property. If a couple owns a pair of late-model cars that are not encumbered by...