If you and your spouse are facing a divorce, you may be dreading the property division phase of the process. The more assets and debts you have, the more complicated property division will be. Your concerns may include dividing debt, splitting pensions properly and...
Property Division
Who pays the mortgage during a divorce?
Divorcing couples still paying off their house must figure out how to satisfy their lender while dissolving their marriage. Spouses may wonder which of them bears responsibility for keeping up with mortgage payments. SFGate explains which party pays off the home loan...
3 steps to dividing property
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...
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...
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...