Investment and retirement accounts are significant assets, providing individuals and families with greater financial security and stability for the future. As a result, it’s essential to understand how these accounts may be affected when someone who possesses such...
Legal Representation In Divorce And Separation For Over 40 Years
Asset Division
Do you need to draft a QDRO during your divorce process?
If you’re getting divorced, there are a lot of potential documents to consider. One of these is a Qualified Domestic Relations Order (QDRO). This resource helps to divide the retirement-related assets that a married couple owns as they end their marriage. One thing to...
What happens when spouses disagree about a home’s value?
The way that a married couple divides their assets during divorce is often the biggest catalyst for conflict related to the process. Each spouse has their own perspective on the relationship, the family’s property and the divorce, and they may feel very strongly about...
Are there consequences for hiding assets during divorce?
Most people who contemplate filing for divorce like the idea of “winning” while their spouse loses in some meaningful way. The entire divorce process can feel very unfair and dehumanizing, so any chance to push back against that reality is one that people may –...
Can your spouse try to lay claim to your business in a divorce?
There are certain assets that tend to cost far more than anything else someone owns. Real estate and retirement savings are often far more valuable than vehicles or furniture, for example. Spouses typically acquire significantly valuable property together while they...
How can you protect your retirement funds in a divorce?
For many couples in California, divorce leads to intense emotions and disagreement. Especially when it comes to the division of your property, you may feel strongly about what is right or fair. Your ex may have a different opinion, and neither of your expectations may...
What happens if your spouse hides property in a California divorce?
Under California's community property laws, you and your ex should share almost all of your property and debts when you divorce. Unfortunately, not everyone will enthusiastically participate in property division proceedings with good intentions. Some individuals...
3 ways your ex could help support your post-divorce retirement
Many married couples in California often have big gaps in their personal resources and earning potential. It is common for one spouse to earn far more than the other does, especially if the couple shares children. If you stayed home for years to raise your children or...
Income earned during your marriage is probably community property
Realizing that a divorce may be part of your immediate future can feel overwhelming. People often experience increased or even guilt about the failure of their marriage. There will also inevitably be concerns about the financial implications of splitting up with your...
What happens to retirement accounts and investments during divorce?
You’ve worked hard to build up a stable financial future for your family. You’ve built up a considerable retirement account, and you’ve carefully chosen investments that can grant you passive income streams in your old age. Now that divorce is on your doorstep, you...