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Division of Property

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Is Foreign-Held Property Subject To Division In California?

One of the biggest headaches of divorce is property and asset division. Although California has strict guidelines for marital and separate property, it still becomes confusing as to which property belongs where. A clear distinction is that property that was purchased during marriage becomes marital property and property which belongs to an individual becomes separate…
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How to avoid unequal distribution of property during a California divorce

Probably one of the most contentious tasks for any couple to agree on would be the division and distribution of property and assets during a divorce. Making through the assets separation in mutual agreement without the need for additional intervention is certainly a welcome situation for both spouses. If in case you’re unable to settle…
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Signs That Your Spouse May Be Hiding Assets

The assets owned by you typically come under various heads such as a business, your primary residence or primary home, a professional practice, cash value of your life insurance coverage, pension funds, retirement funds, shares, savings, bank accounts and other property investments. Rather than depending on the integrity of your spouse or only relying on…
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What Should You Do With Your House Post-Divorce?

Are you and your spouse contemplating to divorce one another? The most important question for a majority of couples who are about to divorce is what they should do with their house post-divorce. In fact, the family house is typically the most important asset to split. Plus, it is not simply a property for such…
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Status of Student Loan Debt After a California Divorce

Marriages come with many responsibilities and one of them is supporting a spouse with his/her student loans. Paying back the educational loan can be tough for some and becomes even tougher once a divorce takes place. Current statistics show that college students who take up educational loans end up with huge debts which become hard…
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What Happens To The Company You Run With Your Spouse After Divorce?

Many married people did not even think in their wildest dreams that would get divorced one day. This is especially true when the spouses work with one another. Irrespective of what decision you arrive at, these are some of the important things you need to sort out in your business while your divorce is underway.…
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What To Know About Business Valuations In California Divorces

Professional business valuations is an expensive task in any marital dissolution. The spouse who manages the business quickly realizes that techniques used to value the practice have no relation with the practice’s fair market value. The spouse can then in all fairness insist that no willing buyer can be found. There can also be concerns…
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Can You Mediate Custody Of Your Pet?

Divorce mediation is typically the process of amicably reaching a settlement to end your marriage, but you are unsure what to do about your furry friend. Under California law, pets are typically classified as personal property and there are no explicit pet custody laws like there are laws for children. If one party gets exclusive care…
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3 Ways Small Business Owners Can Protect Business Assets In Divorce

Divorce is a stressful experience, especially when it involves the division of properties, assets and businesses. For some, it is even more painful because a business is about all they have and splitting the business in two can cause a lot of financial damage. Small business owners know how tough it is to operate a…
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How To Find Concealed Assets and Money During Your Divorce

As soon as the divorce proceedings start, it has been observed that many people try their best to hold back what according to them is their own property or money. There are some individuals who even possess secret bank accounts as well as other financial activities when they were married. If you feel your estranged…
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