Tag: Assets
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How Much Does Divorce Cost?
So here you are. You’ve decided to get a divorce, but now you’ve got questions—a lot of them. Like, “Where do I even start?” and, “Should I hire an attorney?” and, perhaps the most worrisome of all, “How much does divorce cost, anyway?” Unfortunately, while a lot of these queries have straight forward responses, the…
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Is California a Community Property State?
Is California a community property state? Here’s what you need to know if you’re getting divorced in San Joaquin County or elsewhere. Is California a Community Property State? California is considered a community property state – but to many people, that doesn’t mean exactly what it sounds like. Under California law, the property a…
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Dividing a Business in a Divorce
When you’re a business owner going through a split, you need to know about dividing a business in a divorce. Do you have to give your spouse half of the company, will you have to sell it, or can you “buy out” your soon-to-be ex? Dividing a business during a divorce can be a big…
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Hiding Assets During Divorce
Hiding assets during divorce is a major problem – and if you’re caught doing so (or if your ex is caught doing so), you’ll face big problems in court. Here’s what you need to know. Hiding Assets During Divorce When your marriage is ending, your spouse may decide to hide some of his or her…
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Divorcing an Addict: What You Need to Know
Divorcing an addict is incredibly difficult. You may be struggling with guilt, confusion or even remorse after you make the decision to leave – but it’s your decision alone, and hopefully, you trust yourself enough to know that you made the right choice. When you divorce an addict, you have to plan, prepare and muster…
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California Divorce Law: Division of Assets
California divorce law and the division of assets can be confusing. Some things are community property and belong to both of you, and some things are separate property and belong to only one of you – and worse, some things are “commingled,” which means part of them belong to both of you together and one…
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5 High-Asset Divorce Mistakes You Can’t Afford to Make
High-asset divorces can be incredibly contentious – and unfortunately, when there’s a lot of back-and-forth, people make mistakes. But making a mistake in a high-asset divorce can cost you for the rest of your life, so it’s important that you’re aware of the potential pitfalls and that you know how to steer clear to protect…
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Prenups in California: What You Need to Know
If you’re getting a divorce in Stockton and you’ve signed a prenuptial agreement – commonly just called a prenup – here’s what you need to know. What is a Prenup in California? A prenup is a legal document that can help one party’s assets in a divorce. The Uniform Prenuptial Agreement Act covers prenups under…
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What is Summary Dissolution in California?
If you’re like most people contemplating a split from your spouse, you think a regular divorce is the way to go – but instead, a summary dissolution might be right for you. What is Summary Dissolution? Summary dissolution is one way to end your marriage or domestic partnership. It’s not for everyone, but for some…
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How is Credit Card Debt Split in Divorce in California?
When you get a divorce in Stockton, you and your spouse will have to divide your property – and property includes both assets and debts. California is a community property state, so usually, the division of credit card debt is pretty clear-cut. Here’s what you need to know. Related: Community property basics in California What…
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