Dividing assets during a divorce is challenging, especially when it comes to personal items like an art collection. Art can hold not just monetary value but also sentimental meaning, making the process even more complicated. If you are facing a divorce in California...
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Property Division
Will you lose your retirement in your divorce?
Divorce can be a stressful and emotional process, especially when it involves dividing assets like retirement accounts. In California, the way retirement savings are divided depends on several factors. Knowing what to expect can help you prepare and protect your...
Understanding the effect of adultery on property division
When going through a divorce, many people wonder whether adultery will impact the division of property. California follows a community property system, where spouses divide assets acquired during the marriage equally. Understanding how adultery might factor into this...
How business debt is divided in a California divorce
Divorce is always challenging but becomes even more complicated when it involves business interests. You find yourself navigating the complex landscape of community property laws, asset valuations and debt allocations, all while managing the emotional turmoil of such...
Dividing a 401(k)
Splitting assets can be a complicated process during a divorce in California. It can be difficult to determine how much assets cost and how certain assets should be sold. These worries are magnified when there is a 401(k) account involved. Divorcing couples must take...
Community property in California
Out of all aspects of divorce, the most contentious involves marital property. From the beloved family home to six-figure retirement accounts, spouses once united by marriage are now at odds. California law explicitly divides property equally. The state is one of...
How a CDFA may help you in your divorce
California residents who are going through a divorce might want to consider the services of a professional known as a certified divorce financial analyst, particularly if their money situation is complex or they are worried about their financial stability after the...
Dividing assets during divorce
Divorce can be messy and emotionally taxing. One of the most challenging parts of a divorce dividing the assets that you and your spouse acquired over the years. You should understand how your divorce agreement can impact your finances and lifestyle so you can reach...
Judges can divide marital property by arbitration
Few states use the community property law implemented by California when divorces are settled. The equitable distribution process works much differently. But along with community property allocation, California judges also have the power to send a divorce case into...
How is property divided between divorcing business owners?
Owning a business with your spouse in California can be exciting. You’re partners in your marriage and in your company. However, if you end up getting a divorce, property division might impact your business. You should know how it’s divided when you and your spouse...