When you divide property in a divorce, you will need to come up with the values for your assets. Understanding how much each item is worth will enable you to better divide the assets fairly. However, the valuation process is not always easy. CNBC explains that...
Is your spouse hiding digital assets?
When dealing with divorce, the last thing you want to consider is your spouse potentially trying some underhanded tactics in an attempt to circumvent a fair division of assets. Unfortunately, the rise of digital assets including cryptocurrency has opened a new outlet...
Dividing art you bought and art you create in divorce
Divorce gets complicated the more assets you have and even more so when you or your spouse bought or created art during your life together. Knowing what to expect in the evaluation process may help smooth the divorce process on your end. It all comes down to knowing...
Is this a sign of hidden assets?
Going through a divorce poses enough hurdles without having to worry about whether or not your soon-to-be ex-spouse made attempts at cheating you out of your share of assets. Unfortunately, hiding assets is a common tactic among many divorcing couples. To protect your...
Proving separate property in a California divorce
A California divorce can become contentious when sorting and separating significant assets. This is especially true if your marriage lasted several years or decades. You can potentially sort the following types of property into the categories of yours, mine and ours:...
Does my spouse have a claim on my artwork?
Becoming a successful artist is the dream of many people. However, if you have achieved some measure of success, then you know that with the triumphs come certain tribulations. Nowhere is that more apparent than where the law intersects with your art. Furthermore,...
What are signs your spouse is hiding assets?
When going through divorce, you already have more than enough on your plate. This can create distractions that your spouse may take advantage of, though. In particular, a spouse might rely on the distracting stress of divorce to attempt hiding assets. This is a major...
Considering tax implications before settling your complex divorce
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...
