Since California is a community property state, most assets acquired during marriage are considered marital property to be divided in the case of a divorce. However, there are a few exceptions to this rule, including inheritances. To maintain an inheritance as...
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Property Division
Developing a housing budget after divorce
Emotional issues often drive people's decision to end a marriage, but the divorce process entails many important financial considerations. Once a couple splits, each party must establish a new household with a single income, which could be difficult in many housing...
Splitting student loan debt after a divorce
Since California is a community property state, debts and assets acquired during a marriage are generally considered shared marital property. This means if that marriage ends in divorce, those debts and assets will in general be equally divided between the two by a...
Property division and potential tax problems
While going through divorce in California, a couple can face many points of difficulty as decisions are made about belongings, assets, liabilities, custody and support. Unfortunately, some problems won't crop up until the settlement has long since been formalized,...
Disclosure of assets in divorce property division
Most divorces in California and around the country are settled amicably and quickly, with the estranged couple reaching an agreement on property division and other issues and submitting it to the court for its approval. A long-running divorce case in New York, though,...
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,...
Pet custody battles
California couples who are going through a divorce may be worried about more than just child custody, spousal support and property division. Many people have pets that they consider to be part of the family. When a couple separates, there is often conflict over who...
How debt can be divided similarly to assets in a divorce
Many California couples who are getting divorced in court understand that assets from the marriage will be split. However, it's less commonly known that debt will be split among the spouses as well. Similar to other property obtained during the marriage, debt will...
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...

