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Dividing assets in a divorce can be straightforward when ownership is clear, and each asset can be distinctly classified as marital or separate. However, it’s not always the case. Over the course of a marriage, assets often get commingled or mixed together. Common...
Owning cryptocurrency is a good way to expand your finances. However, your digital coins can be subject to property division during your divorce. Dividing cryptocurrency can be challenging because of its volatile nature. This factor could significantly impact your...
If you work in California's technology sector, your compensation likely extends beyond a base salary. Restricted Stock Units (RSUs) and stock options often form a significant portion of your net worth. In a divorce, these assets are often a major issue because...
In a high-net-worth divorce, speed can feel like the best solution. Many spouses want to divide assets quickly to reduce stress, limit legal costs and move forward. While efficiency matters, rushing the division of complex assets often creates long-term financial...
Divorce can be stressful, especially when one person controls the money. In high-value cases, some people hide cash or property to avoid sharing. In California, the law forbids this. It requires both spouses to stay open and honest about everything they own and owe....
Divorcing couples in California have to address their community property. The income that either spouse earned during the marriage and any assets acquired with that money are part of the marital estate. Spouses can either work out their own arrangement for those...
California is a community property state. This means that marital assets are owned equally by both people, and courts will typically attempt to find an equal manner of distribution. As such, it is very important to be able to distinguish between separate property and...
When one spouse earns considerably less or has no direct financial contribution to the household income, tensions can rise during separation. The higher-earning partner may view themselves as the sole or primary creator of wealth, while the lower-earning spouse is...
Couples in high-asset marriages who then divorce often battle one another for the marital assets. That can even become more intense in community property states like California. Below is some important information about choosing your battles over the division of...
Couples in high-asset marriages typically have many resources to address when they divorce. They also enjoy a relatively high standard of living that can potentially complicate the divorce process. For example, one spouse may have intentionally wasted marital...