Tag: Property Division
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Retirement and Divorce Settlements
For many people, retirement accounts and divorce settlements are confusing. Will your ex-spouse get your retirement? Will your divorce settlement require you to give over half what you planned to retire on? Here’s what you need to know. Retirement and Divorce Settlements If you or your spouse has money tied up in a retirement plan,…
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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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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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Transmutation and Tracing: Property Division & Divorce
As you are likely aware, property can take on two distinct characterizations once a couple becomes married: separate or community. The distinction between the types of property has a critical bearing on the distribution of assets upon divorce. In a perfect world, the characterization of the property remains the same throughout the marriage and divvying…
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I Think I Want a Divorce – What Next?
There are many reasons people come to our offices and say, “I think I want a divorce.” Some people are dealing with a cheating spouse. Others are sick of fighting and conflict, and still others have simply grown apart. If you think you want a divorce, that may mean your marriage is beyond repair –…
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Divorce Mediation Checklist
If you’re going through a divorce but you and your spouse can’t seem to agree on things, your Stockton divorce attorney may suggest that you try mediation. Mediation is a way for you and your spouse to reach common ground with the help of an impartial third party. Your mediator will help you resolve issues…
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Divorce Checklist: What to Do Before You File for Divorce
If you’re thinking about splitting up from your spouse, you need a divorce checklist – but not just any divorce checklist. One that shows you what you need to do before you file and helps ensure you’re completely prepared for the journey ahead. This divorce checklist covers it all. Divorce Checklist: What to Do Before…
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Are Assets Always Split 50-50 in a Divorce in California?
California is a community property state, which means everything you and your spouse earned or purchased while you were in the marriage belongs to both of you equally. But it doesn’t mean that you have to divide everything 50-50. Splitting Assets in Your Divorce: Are They Always Split 50-50? During your divorce, everything that you…
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Community Property Basics
In California, the term community property refers to any assets or income earned by a married person – and it belongs to both parties of a marriage, not just the one who brought it in. It’s different from separate property, which only belongs to one spouse. And during a divorce, community property must be divided…
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Divorce and Cryptocurrency: What You Need to Know
Divorce in California can be complicated – and it can be even more complicated when cryptocurrency is involved. Divorce and cryptocurrency are appearing together more frequently in court, so here’s what you need to know. Divorce and Cryptocurrency: What You Need to Know When you or your spouse owns cryptocurrency, your divorce requires a different…
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