According to Forbes, if California were a country, it would rank third in the number of billionaires behind the U.S. and China. Several of these individuals are in relationships or married. What happens if they divorce? Many high net-worth divorces become disputed...
Who keeps the investment property?
Owning an investment property remains one of the top ways to build and grow your wealth. It comes as no surprise that you might feel inclined to keep this for yourself. This is especially the case if you manage this business without your spouse or this serves as your...
What do I need for a valid prenuptial agreement?
A prenuptial agreement can help save you a lot of trouble in the future should your marriage end. It also helps set expectations and can make it easier for you and your spouse to discuss financial matters because it opens that door for you. Since your assets can...
Valuing your family business for a complex divorce
A formal valuation of a family business in California can simplify a complex divorce, especially if it has an LLC structure. According to the California Tax Service Center, a limited liability company combines partnership and corporate characteristics. This entity...
