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...
High-Asset Divorce
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...
Who gets the rings when married couples split?
Even though marriages end all the time, many divorcing couples have mixed feelings about calling it quits. After all, while you are heading quickly for an inevitable divorce, you have thousands of memories of happier times. These memories likely include your...
How can taxes help you identify hidden assets and/or an affair?
If you plan to file for divorce or are amid one, and if you suspect your spouse of either hiding assets or having an affair, you may wonder what you can do to reveal his or her behavior. While a forensic accountant can help you uncover suspicious activity, there is...
Where should you look for hidden assets during divorce?
Sometimes, people hide assets from their spouses or otherwise do not disclose them in their divorce proceedings to avoid sharing them in a property division settlement. Although you built your shared property up together during your marriage, your spouse may think he...
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