What is a Collaborative Divorce? A collaborative divorce is a method of negotiating a divorce settlement outside of court. In a collaborative divorce, the spouses hire specially trained attorneys and neutral third parties to assist in reaching an agreement. The key feature of a collaborative divorce is that all parties sign an agreement to negotiate…
Continue reading ›Spousal support, also known as alimony, is a payment made from one spouse to the other after a divorce in California. What is the Divorce California 10-year Rule? Find out below.
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 ›An Overview of Divorce Mediation Divorce is often an emotionally fraught process, with couples dealing with complex personal and financial decisions at a stressful time. While many divorces follow an adversarial legal process, divorce mediation has become increasingly common as a more cooperative and constructive option. Divorce mediation utilizes the services of trained, impartial mediators…
Continue reading ›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 ›As parents, safeguarding your child’s future is a paramount duty, and setting up a trust fund can be a substantial stride in fulfilling this responsibility. Embarking on this financial journey, however, is far from a walk in the park; it is fraught with complex decisions and intricate processes. With options such as irrevocable trusts and…
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…
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