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…
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In the complex world of estate planning, the decision between establishing a living trust and crafting a will stands paramount. These two distinct paths offer different protections and provisions for how your assets will be handled after your demise. While they can sometimes work concurrently, understanding the unique characteristics of both will and living trust…
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 ›Overview of Workers’ Compensation Insurance in California Workers’ compensation insurance provides medical, disability, and other benefits to employees who suffer job-related injuries or illnesses. In California, most employers are legally required to have workers’ compensation insurance. This article provides an overview of how the workers’ compensation system works in California and the key requirements and…
Continue reading ›In California, new fathers have the right to take paternity leave to bond with their newborn. This privilege is safeguarded by several laws including the Family and Medical Leave Act (FMLA) and the California Family Rights Act (CFRA). Understanding these rights is essential to make the most of this precious time without fearing job insecurity.…
Continue reading ›Navigating the legal landscape can be complex, especially when it comes to understanding specific penal codes. In California, PC 242 is a statute that deals with battery offenses. This article aims to shed light on this particular law, its implications, and related terms. How Does The Prosecutor Prove Battery Under Penal Code 242? Battery under…
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…
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