Since you and your current spouse ended your marriage, you have a lot of changes to navigate. You know how to save your business from divorce, but do you know dissolving your marriage affects business operations? Business.com explores how divorces affect companies....
High-Asset Divorce
How a team can help you handle the stress of divorce
For California couples teetering on the edge of divorce, one of the primary concerns is loss of control during the process. In a courtroom, the presiding judge makes decisions that can affect every aspect of your life for the foreseeable future. Although you can...
How can I save my business during a divorce?
Navigating a divorce is challenging, especially if you are a small business owner. California is a community property state, meaning that you and your spouse share all your assets and debts, regardless of who holds the property title. Unless your company falls under...
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...
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 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...
Who gets the house after the divorce?
When you and your spouse get a divorce, you have to figure out how to split the house. Unlike other assets, it may be harder to neatly divide a house in a way that is fair to both you and your spouse. There are two main ways you may handle your real estate. According...