California residents who are thinking about a divorce may be understandably concerned about some of the costs associated with it. There are several issues that can arise during a divorce which may need to be addressed in order to attain a desirable outcome. By...
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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,...
What really happens during a divorce – and how to make sure you are ready for it
Divorce is something that most people do not clearly understand. They think that by filing to end their marriage that they will experience a clean break once things are finalized. However, once a person decides to file for divorce, they will experience major changes...
How divorces are affected by bankruptcy petitions
It is not uncommon for California residents who need relief from their debts to also want to divorce at the same time. Financial problems are the cause of many marital problems. It is important that people understand how each case type can affect the other before...
Committing fraud when divorcing
When a California couple decides to end their marriage, both parties typically want to feel financially secure and that they are getting a settlement they deserve. While wanting one's fair share of joint assets is understandable, one partner sometimes tries to...
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,...
Ccourts unsure how to treat frozen embryos after a divorce
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...
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...
Lack of prenuptial agreement does not guarantee loss of assets
However, many couples anticipating marriage do not execute a prenuptial agreement before the wedding. However, an individual can protect his or her assets even without a prenuptial agreement. In a community property state like California, the pre-marital assets of...