If you or your spouse incurred debt before or during your marriage, you might not know what happens with that debt after you divorce. It can be a complex issue in California, but knowing what to expect may make things easier. What should you know about dividing...
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Property Division
How to look for and find hidden cryptocurrency
When you're going through a divorce in California, there can be a lot on the line. A divorcing couple might worry about dividing property, stocks and other important items. There's also a relatively new type of asset called cryptocurrency. Considering the newness of...
Options for handling the family house in a divorce
With divorce often being such a difficult period, there's usually controversy about who gets to keep the house. To most spouses in California, the marital home is a valuable asset. Thus, while they might benefit financially from selling the home, the process is often...
What happens to your retirement accounts during your divorce?
If you are contemplating ending your marriage, you may already know you must divide the marital estate. Because California follows a community property approach, you and your soon-to-be ex-spouse are likely to end up with a roughly equal share of everything you own....
How is community property divided in California?
Divorcing spouses in California own one-half of all property from their marriage, under the community property model. In a divorce, the California court calculates the value of the marital estate, and subsequently each person receives his or her equal share of the...
You can seek more, even in a community property state
Your spouse just came to you and explained that they no longer want to be married. You've been blindsided by this, since you thought everything was fine. Both of you work regularly, but you were still spending time together and seemed to get along well. You suspect...
Yes, your property is split 50-50 in short-term marriages, too
As a young couple going through a divorce, you may have a relatively simple divorce on your hands. You have few assets, and you don't have children. This makes your official split much easier. However, there are still things you need to do to make sure you get all...
Here are 3 ways to get your property appraised
One thing that many people who go through divorce deal with is deciding if they should keep or sell a home. Homes may contain many good memories, and some people want to keep them as a result. However, the value of the home may make it necessary to sell it to split...
Prepare to divide your assets through solid negotiations
You went to school for years to become a surgeon, and during that time, your spouse did support you. You worked long hours, and your relationship fell to the side as you focused on your career. Now, when you're finally where you want to be, your spouse has decided to...
Considering divorce? Remember community property guidelines.
If you're ready to get a divorce, the first thing you should know about are the laws in California. Unlike many states, California is a community property state. What that means is that any marital property is split equally among you and your spouse, not equitably....