For many people, their home is their biggest asset. Aside from finances, a marital home holds a lot of emotional significance. You may still be grieving the loss of the memories you hoped you would have within the house. California … Read More
When you are thinking of getting a divorce, you may be nervous about your spouse “taking it all” and leaving you with nothing. While you may hear some terrifying divorce horror stories, this is (thankfully) very unlikely to happen. The … Read More
1. Becoming a Financial Victim If you suspect that your spouse is planning a divorce, make copies of all vital financial records such as account statements (savings, stockbroker, real estate partnership) and data that relates to your marital lifestyle (checking … Read More
The San Diego Superior Court Is Facing Huge Budget Cuts What does this change mean for you? You are the individual who assumes their justice system will be available to them when they need it. Well, it kind of means it … Read More
When it comes to 529 Plans and Divorce, there are a lot of questions. Here is a breakdown of what a 529 plan is and how it can be divided during a divorce. 1. What is a 529 plan? A … Read More
Sound odd? I thought so too. But there is such a thing. Basically, if there is some reason that you need to remain “married,” yet want to be divorced, this is for you. It is NOT a legal separation – … Read More
When getting divorced, often the most valuable asset in the marriage is retirement. However, that asset is often divided UNEQUALLY…even when it seems like it has been divided equally. There are so many different types of retirement accounts, 401k’s, 403b’s, … Read More
Pensions Pensions are significant marital asset. Unless parties agree otherwise a court in a divorce case may enter a Qualified Domestic Relation Order (QDRO) pay out the community portion of the retirement equally. QDRO parameters: A “qualified domestic relations order” … Read More
The Date of Separation is important because that is the day the community has come to an end…i.e., every dollar you make is no longer 1/2 your spouses. If you decide to purchase a home, start a business, etc., you … Read More
When people face a divorce, they are often clueless as to what they get to rightfully keep as their own separate property and what belongs to the “community.” A simple definition of what is separate and what belongs to the couple equally is … Read More