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Between 1990 and 2021, there was a dramatic increase in the divorce rate for couples who were over 65 years old. It roughly tripled over those three decades. A corresponding rise could also be seen in the general divorce rate for people over 45 years old. In other...
Many people assume that divorce inevitably leads to a courtroom battle, especially when spouses are at odds over complex issues. In reality, most divorce cases are resolved without a trial, and very few ever reach a final verdict before a judge. Even in high-conflict...
High-asset divorce cases often involve complex financial situations where not all assets are immediately visible. In some cases, one party may attempt to conceal wealth to influence how property is divided. Understanding how to identify hidden assets is essential to...
Couples facing high-asset divorces have many financial issues to address. In addition to identifying and valuing their resources, they often need to come up with creative solutions for dividing those assets. Some marital property requires more careful consideration...
Dividing marital property reasonably and fairly becomes much more challenging when people have a variety of high-value shared resources. Spouses with investments, real property, business holdings and other high-value marital assets may find themselves disagreeing on...
California law requires spouses going through a divorce or legal separation to share their financial information. This mandatory process is called financial disclosure. It ensures both parties have adequate information to make fair decisions about money and property....
Prenuptial agreements (prenups), also known as premarital agreements or marital contracts, clarify expectations and protect engaged couples. Prenuptial agreements are common in cases where either person is divorced or when both people intend to work but also hope to...
Spouses with valuable property, large lines of credit and shared real estate often fight about finances when they divorce. In fact, financial misconduct intended to harm one another or alter divorce outcomes is relatively common. Dissipation occurs when one spouse...
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...