You may already know that dividing assets and debts is part of the divorce process, but do you know how California divides the property? California is a community property state. This means the courts try to divide everything equally. The term property, however, does...
Month: April 2021
Can parallel parenting make joint custody easier?
It is highly likely that there is some amount of hard feelings between yourself and your ex-spouse. A level of conflict between ex-spouses is very normal, particularly in the direct aftermath of a divorce. However, if you and your ex-spouse have children together it...
What hurdles do grey divorcees face?
As an older couple, you may face unique hurdles if you decide to get a divorce. Despite that, more and more couples aged 50 and up are going through with their plans to split up in recent years. To make an informed decision, it is important to understand the pros...
Does cooperating with a co-parent make divorce easier?
When going through a divorce, you are likely to run into many difficulties and hurdles. You do not need to add more by refusing to cooperate with your co-parent. Not only will that make the process smoother for you, but it can help your child, too. But in what ways...
Can a tax return be used to uncover hidden assets?
It is not uncommon for couples to live and work together for decades to build strong finances and plans for the future. When divorce becomes a reality, however, these assets must be valued and divided. Unfortunately, one party might attempt to conceal various assets...
Don’t forget to revise your insurance policies after divorce
The divorce process can quickly become a complicated financial matter. Factors such as property division, the division of debt responsibility, finding a compromise regarding support and writing a comprehensive parenting plan can all derail even the most amicable...
Why co-owning the family home after divorce can be risky
Property division can be a challenging aspect of any divorce. Finding an equitable split of property, digital assets and debt responsibility can require numerous compromises and negotiations to reach an acceptable solution. Unfortunately, one of the biggest physical...