California has a comprehensive set of real estate laws covering topics like transactions, property ownership, taxes, and more. Here is an overview of some key laws for California real estate: Real Estate Transactions In California, most real estate transactions require a written purchase agreement outlining terms like price, closing date, contingencies, etc. Purchase agreements become…
Continue reading ›What is Community Property? In California and other community property states, all assets and debts acquired during the marriage are considered community property that is jointly owned by both spouses. This is true regardless of whose name is on the title or account. The law presumes that anything obtained during the marriage was obtained as…
Continue reading ›Writing a will is a fundamental step in estate planning, ensuring that your wishes are carried out and your loved ones are provided for after your passing. This comprehensive guide will walk you through the essential steps and considerations involved in creating a will. Whether you’re planning to draft a simple will to designate beneficiaries…
Continue reading ›Separate Property When a couple gets married, any property that they owned prior to the marriage is considered separate property. This means that each spouse owns half of that real property as his or her separate property it belongs solely to the individual spouse, not the marital estate. Separate property includes: In a divorce, separate…
Continue reading ›Dividing assets during a divorce can be a complicated process. Spouses must determine which assets are considered separate property, which is marital or community property that must be divided, and the value of all marital assets. Having a comprehensive divorce asset list is crucial for navigating this complex financial split. What is Separate Property Separate…
Continue reading ›Overview of workers compensation system One of the most important services a worker’s compensation attorney provides for employers is assistance with managing employee injury claims. Here is an overview of what a standard workers compensation claim entails from start to finish: Reporting the Injury The process starts when an employee reports suffering a work-related injury…
Continue reading ›Divorce can be an emotionally and financially complex time. When assets and incomes are opaque or disputed, forensic accounting services are invaluable. Forensic accountants can unravel financial puzzles to provide clarity on the marital estate. Their analysis informs high-stakes divorce decisions related to asset division, alimony, etc. Tracing and Valuing Assets with Forensic Accountants A…
Continue reading ›A Comprehensive Guide to Trust Fund Establishment and Management In a world of uncertainties, taking control of your financial future is more critical than ever before. Our comprehensive guide to trust fund establishment and management is designed to be your navigational compass in this complex landscape. Whether you’re pondering on the intricate processes of funding…
Continue reading ›For couples with millions in combined assets, or high net-worth individuals, going through a divorce and dividing marital property equitably can be an incredibly complicated process. From vacation homes to business investments to luxury vehicles, parsing out who gets what requires strategy and a thorough examination of all assets. This article will explore the key…
Continue reading ›Navigating the complexities of divorce can be a challenging endeavor, and understanding how alimony—also known as spousal support—is determined is a vital part of this process in California. This financial support is designed to assist a lower-earning spouse in maintaining a standard of living close to what was enjoyed during the marriage. In California, several…
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