One thing that has to be determined in a divorce is what will happen to the marital home. This isn’t always easy to figure out but it must be done before the divorce can be finalized. If you’re facing this decision, there are a few points that you need to think about....
Property Division
How is property divided following a California divorce?
A divorce is never easy, and it means a total overhaul of life. Given that a married couple has long-term plans that involve their finances, separation could disrupt everything. This is why property division takes center stage. Therefore, you should be on top of...
When is an QDRO needed in a divorce?
California is one of a handful of states that adheres to the community property rules regarding the division of property in a divorce. This generally means that a divorcing couple would divide any lingering property and debt in half among themselves. Any instance in...
Can your spouse sell or give away community property?
People's behavior can change drastically during a divorce. Someone who is usually calm and considerate can become aggressive and even choose to break the law because of the intense emotions that arise during their divorce. One of the ways those emotions can affect...
What does quasi-community property mean in California divorces?
Many California residents know that property division is one of the most upsetting parts of getting a divorce. It inspires many arguments and conflicts between two spouses who are typically already in disagreement. As if property division is not stressful enough, the...
Consider these points regarding property division in divorce
People who are going through a divorce have a lot of things to think about. One of these is how they will divide the assets they accumulated during the marriage. While some might think that this is an easy process, there are a lot of variables that you have to...
4 ways to protect your financial health after divorce
Divorce can be a time of significant financial changes in your life. Not only will you divide your savings and your possessions, you will also transition to life in a single-income household. This can leave many wondering how they can enter the next stage of their...
What is financial infidelity, and what impact can it have on your divorce?
If you're facing a divorce, then you need to concern yourself with whether your spouse is engaging in financial infidelity. What is financial infidelity, you might ask? Financial infidelity is when a spouse hides money, expenses, assets and possessions from their...
Is it worth fighting for the household goods in your divorce?
You didn’t expect your divorce to be easy, but you also never anticipated your spouse to behave quite so greedily when it came to the household items. It seems like they want just about everything -- and they’re quite willing to fight about it in court. You tried to...
Do you need a forensic accountant on your divorce team?
Couples often think that deciding to get a divorce is the hard part. Unfortunately, what can ultimately be the most difficult part of the dissolution journey is deciding on the division of your marital assets. Determining which spouse gets what can sometimes be so...