There are many married couples who own a business together. They have spent countless hours devoting their time and money into making the entity thrive. The income generated by the business is something that they both rely upon to meet their financial obligations. If...
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High Asset Divorce
Details from the Griffith and Banderas divorce
Since some celebrity marriages do not last long, California residents might be impressed that the union of Melanie Griffith and Antonio Banderas made it almost 20 years. The couple announced their separation after 19 years of marriage in July 2014 and finalized their...
California divorces and retirement accounts
One asset that many California couples must divide if they are divorcing is a retirement account. The estranged spouses should make certain that they complete the correct paperwork so that they do not incur tax liabilities and penalties. Employer plans and 401(k)s...
Three Things You Need To Ask Your Divorce Attorney
When considering ending your marriage, you may have several questions about the things that you will need to do to ensure that you are ready to transition into your new life. Asking friends and relatives who have been through a divorce these questions may give you...
Divorce for business owners
When couples in California divorce, one of the primary goals of the dissolution process is asset division. This process can become more difficult when one or both spouses is a business owner.Businesses are considered assets in a divorce. Just as it becomes necessary...
High-stakes divorces and forensic accounting
Wealthy California couples who are going through a divorce often rely heavily on the services provided by forensic accountants. Typically, these financial specialists are brought into the picture to manage commercial interests. When the actions or motives of business...
The importance of divorce disability insurance coverage
A California divorce decree may have to be revised if an individual obligated to pay child support or alimony becomes disabled and unable to continue to make the required payments. Both parties to the divorce agreement can be affected negatively by a disabling disease...
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...