Life before, during and after divorce can bring a lot of financial strain on families. How you handle your finances and approach your divorce case may affect your financial situation in the long-term. While you may have an emphasized focus on important issues like...
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How will the court split my private business assets in a divorce?
California is a community property state. So, in a divorce, courts divide assets and property between married spouses at a 50-50 split. You may be a business owner concerned about your rights in maintaining business ownership or the assets and value therein,...
5 questions to ask about business valuation during divorce
One way to make divorce more complicated is by adding a shared business to the equation. In such scenarios, one or more third party professionals typically conduct business valuations. Depending on individual circumstances, divorcing couples can follow one of three...
Could a forensic accountant help in your divorce?
A possible issue for couples in a divorce is hiding assets or one party not disclosing all assets. Even if you think that you know about all the assets your spouse has, there is always a chance that he or she has accounts or even properties that you do not know about....
3 risks of co-owning a vacation home with an ex-spouse
If you love to visit the same place regularly, you and your spouse may have decided to purchase a vacation home. Like all marital assets, though, you must address ownership of the property during your divorce. Commonly, divorcing spouses sell vacation getaways and...
Amazon couple gets closer to finalizing divorce
California residents might have heard that Jeff and MacKenzie Bezos are making progress when it comes to finalizing their divorce and have agreed on a settlement that still needs court approval. While divorce can sometimes take a toll on one's finances, both people...
What to do with the family business in a divorce
Couples in California who are getting a divorce and who own a business will have to get that business valuated for the purposes of property division. They can either keep the business or sell it. Some couples are able to continue running a business together despite...
Divorce and cryptocurrency
Cryptocurrencies became part of the financial landscape in 2009 with the launch of the Bitcoin. It has since become a factor in many divorces in which one or both spouses have cryptocurrency assets. California residents with cryptocurrency holdings who are considering...
Grey Divorce: A Light at the end of an Unhappy Tunnel
In California, older spouses involved in long-lasting marriages may view grey divorces as happy events. For many older couples, life is a burden too difficult to bear. Marriages often become unbearable because the spouses are no longer compatible. Divorce was frowned...
The unique aspects of divorce for the super-wealthy
Even in a state like California where it's not unusual to find couples with sizable assets, it's hard not to be impressed by the considerable wealth Amazon founder Jeff Bezos has accumulated over the years. Up until early 2019, he jointly shared that wealth with his...