A new California law will soon give pets more rights during divorce proceedings. Thanks to AB 2274, which goes into effect on New Year's Day, judges will have the power to consider the best interests of dogs, cats and other pet animals when overseeing divorce cases....
Divorce
Protecting a marriage from financial strife
California couples should be aware of ways they can financially divorce-proof their marriages. Financial strife is a major factor in why couples divorce. A survey suggests that 59 percent of divorced couples at least partially blame financial issues for their...
Financial tips for divorcing couples in California
"Gray divorce" is a term used to describe senior couples who are separating. Since the 1990s, the divorce rate for those aged 65 and over has roughly doubled. Older Americans facing divorce may have more assets to split, including 401(k) plans and IRAs. The American...
Retirement after a ‘gray divorce’
Older California couples who are considering separating may be worried about how divorce will affect retirement security. However, there are some steps that these people can take to help lessen the impact a "gray divorce" may have on their retirement assets. No...
Handling money with an ex after divorce
Disputes about money can be one of the leading causes of divorce for couples in California and throughout the country. These problems, however, don't always end with separation. Divorces require that each party come to an agreement about issues like the division of...
The financial issues associated with divorce
A divorce in California can significantly alter a person's financial circumstances. Therefore, prior to getting a divorce, it is important to get an inventory of the assets and liabilities a household may have. Cash, money in an investment account or the value of a...
How to keep divorce costs to a minimum
California residents who get divorced could spend thousands of dollars on legal fees and other costs. However, there are ways that they can keep costs to a minimum when ending their marriage. For instance, picking the right lawyer can make it easier to get through the...
Property division during a gray divorce
When older couples in California decide to split up, the divorce can carry some major financial consequences. While child custody and support are generally not issues for seniors, property division can become more complex. Many couples over 50 have accumulated decades...
Inherited IRAs and property division
A California divorce requires the division of marital property, which often includes individual retirement accounts. These vehicles can only have one name on them, but a divorce generally treats retirement savings as marital assets. An IRA inherited by a person,...
Divorce and retirement
California residents who get a divorce should be prepared for the impact that the process can have on their finances, particularly those earmarked for their retirement years. According to the results of a study conducted by the Center for Retirement Research,...