Property division becomes a crucial part of the California divorce process as each spouse is legally entitled to their fair share. However, before getting caught up in who gets the house and the 401(k), you can benefit from considering the tax implications of your...
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...
Community vs. separate property: What you should know
If you are currently going through a divorce, you may have to negotiate several factors, including child custody and alimony. Yet one of the most difficult may be that of property division, as you may have an emotional attachment to certain items. You can choose to...
What is a QDRO in a California divorce case?
You and your soon-to-be ex-spouse likely have considerable marital assets, including your home, cars, checking accounts and belongings. During your divorce, you should receive an equal share of these assets. You should not forget about retirement accounts, though. A...
Can mediation help you divide your assets equitably?
If you are going into a divorce in California with a large amount of wealth and assets, you have a lot to lose through the property divisions the court will make. The best way to make sure both you and your spouse feel that things have been distributed fairly is to...
Retirement assets in California divorce: A to-do list
Divorce is difficult no matter what, but when disputes over significant assets are piled on top of the emotional turmoil, everything becomes more complex. Disagreements over the division of assets typically involve matters such as real estate, Chula Vista business...
How to protect a company during a divorce
Everyone expects a happy ending to their marriage, but unfortunately, many relationships still end with the divorce settlement. However, life doesn't end with divorce. You have to work through the property division, child custody and emotional separation to move...
How is property division handled in a high-asset divorce?
If you have high-value assets, you likely have a lot on your plate as you head into a divorce. A marriage bearing high-net-worth—especially between both parties—can bring many complications. Such high-value assets may be anything from stocks and bonds to real...
Four tips for settling a high-asset divorce
Divorce is always a challenging and stressful time, regardless of any other factors. This situation can become even more nerve-wracking if you have to worry about your finances and other valuable assets. High-net worth divorces are inherently more complicated than a...
The more you know re California property division, the better
Regardless of the particular state someone lives in, making the decision to divorce is never something to be taken lightly. State residence, however, can indeed have a significant impact on the ultimate outcome of a case. This is especially true regarding property...
