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...
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High-Asset Divorce
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...
The purpose of a QDRO during a divorce
When a divorce threatens to take away everything, many people in California look for any way possible to retain what is rightfully theirs. Keeping as much of their retirement as possible is a top priority for many people. Because retirement plans are strongly affected...
Do I need a forensic accountant?
An equitable divorce depends upon accurate accounting. Child support and spousal support calculations are income-based. The division of marital property requires an inventory and valuation of the parties’ assets and debts. A forensic accountant specializes in disputed...
What factors go into valuing a business?
Business valuation is an incredibly valuable thing for a variety of situations. If you are divorcing, you will need to value your business in order to handle the property division aspect of resolving your marriage. Business News Daily explains that while it is hard to...
What happens to our joint business when our marriage ends?
Ending a marriage is hard for both emotional and practical reasons. Property division may be especially complex if you and your spouse own a business together. The two of you may have difficulty deciding the fate of the business. There are many steps involved. You...
What are some of the methods used when hiding assets?
While there was surely a time when you trusted your spouse implicitly, those days may be long by the time you decide divorce is your best option. Issues of distrust can even expand into the divorce proceedings, if your spouse attempts to hide shared assets. Hiding...