Besides determining how to handle your company and substantial assets in a divorce, you and your soon-to-be-former spouse must navigate child custody. How do you work together to craft a parenting plan that supports you and your shared children? Psychology Today...
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Dealing with a 401(k) in a divorce
You may feel prepared going into your divorce proceedings in California, yet there are almost certainly a few aspects that will likely catch you off-guard. One of these (according to feedback from our past clients here at Miller & Associates, Attorneys LLP) is the...
Gray divorce may include uncovering complex assets
Couples over the age of 50 in long-term marriages may have accumulated valuable property together. In some cases, an individual may not have an awareness of assets his or her spouse has acquired. As reported by Kiplinger's Personal Finance, an individual with an...
What should you look for in a mediator?
Once you and your spouse decide to get a divorce, you may pursue mediation. When mediation works well, it provides a neutral environment for you and your spouse to discuss your affairs. Because you usually work closely with your mediator, you should carefully...
Tax concerns for high income individuals who divorce
Proposed tax changes that call for higher tax rates on high-income individuals could have a significant impact on some divorcing couples. The proposed changes could affect those earning over $400,000 per year. Financial experts are saying these changes could drive up...
How can you break news of divorce softly?
As parents going through divorce, your divorce does not just concern you and your co-parent. It also concerns your child. Though children have no ultimate say in whether or not you and your partner split up, they should not be an afterthought, either. Your first...
What is parallel parenting?
In the event that you and your ex-spouse have children together, unless there was violence or addiction present in the home it is likely you will have joint custody. This is because in most instances the courtroom believes that having both parents continue to raise...
What should you learn about your finances prior to divorce?
Regardless of the outcome of your divorce settlement in California, your finances will take a hit. Sharing financial incomes and obligations with another person means that lawfully, you will need to split these assets and liabilities as part of the divorce. Making...
How to deal with a jointly-owned business during a divorce
If you are getting a divorce and you own a business with your spouse, you need to figure out what you are going to do with the business. The first thing to do is to value the business, and there are a few common ways to do so. Once you have a good idea about how much...
Taking a look at quasi-community property
If you are approaching the divorce process and have a high net worth, you need to familiarize yourself with various issues related to property division. For example, understand the differences between community property and separate property. Moreover, understand what...
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