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...
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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 is parallel parenting?
In the event that you and your ex-spouse have children together, unless there was violence or addiction present in the home it is likely you will have joint custody. This is because in most instances the courtroom believes that having both parents continue to raise...
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...
How does California determine alimony?
Alimony, or spousal support, gives you the opportunity to establish a separate household and become financially independent when facing divorce. Typically, these payments provide the spouse who was not the breadwinner with a level playing field so he or she can pursue...
Determining child custody in California
Couples often struggle to communicate and reach agreements on the various matters they must settle to finalize a divorce. For many, one of the biggest quarrels they face revolves around the rights and responsibilities of caring for their children. In deciding child...
How does someone pay alimony in California?
If you are approaching divorce for the first time in California, you likely have questions concerning alimony. Just how will your spouse pay you? Does the state require your spouse to pay you in a certain way? Fortunately, the state provides guidelines for courts to...
What are the red flags of parental alienation?
When dealing with divorce, you also face the undeniable possibility of dealing with sabotage from your co-parent. This is especially true in rocky divorce cases where one spouse felt slighted in some way. The most crucial thing when dealing with parental alienation is...
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