Dividing property during a divorce can be one of the most challenging aspects of the process. Both parties want to ensure that they receive their fair share, but the emotional and financial stakes can make the situation complicated. A balanced property division often...
High-Asset Divorce
How to choose a mediator for a high-net-worth divorce
Divorce mediation can be an effective way to resolve disputes without going to court, especially in high-net-worth divorces where assets are extensive and complicated. Choosing the right mediator is crucial for ensuring the process is smooth, fair, and results in an...
What tax rules apply when dividing a business in divorce?
Dividing business assets during a divorce creates financial challenges, especially when tax consequences arise. Understanding how taxes apply to the division of business assets helps both parties make informed decisions and avoid unexpected liabilities. Capital gains...
4 financial steps to take before your divorce
Because divorce has serious implications for your finances, it is important to take stock of them before you initiate any proceedings. This way, you know exactly where you stand. U.S. News and World Report recommends some important financial steps you should take...
How useful is market-based business valuation?
If you are going through a divorce, you are likely to experience things you thought you would not have to address for years. One of them is valuing your business. After all, your business may be a marital asset that is subject to California's community property laws....
Consider how royalties affect your divorce
In a high net worth divorce, it is rare to find a case that has a straightforward amount of income or assets. You may share businesses, intellectual property or even creative works producing constant income and generating royalties. When it comes time to divide up the...
Avoid these business valuation mistakes during your divorce
If you or your spouse started a business after your marriage, the business is likely a marital asset and subject to property division laws during your divorce. As a community property state, California courts split marital assets equally between spouses. To ensure you...
Finding hidden digital assets
Differences of opinion on their finances sometimes continue to affect couples as they divorce. Not seeing eye to eye, some spouses may attempt to conceal assets from their partners in order to keep them to themselves in the property division process. To do this, some...
Reasons people stay in unhappy marriages
It may seem simple and straightforward that unhappiness in marriage should lead to a divorce. However, even if it does seem simple, divorce is not easy. Many people choose to stay in marriages that are unhappy. They have many different reasons, but here are some of...
High asset divorce and forensic attorneys
In high asset divorce, property division is a serious matter. According to California law, your marital property must divide equally between you and your spouse. However, your spouse may try to hide assets from you. To prevent losing out on what is legally yours, you...