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If you built your wealth through a startup, much of it may exist on paper. Stock options, restricted stock units (RSU) or founder shares can look valuable while remaining hard to access. This “paper wealth” still counts as an asset in a California divorce, even if you...
If your household budget remains high but your husband says the family business is suddenly poor, he may intentionally lower the company value. This tactic is a common strategy in high asset California divorces. It helps a spouse reduce the amount of community...
If you are going through a high-asset divorce, you may grow concerned that your spouse is trying to hide assets. This is especially true if it is a high-conflict divorce or if they blame you for the end of the marriage. Your spouse may try to hide assets to keep them...
People who are going through a divorce have a lot of things to think about during this process. One of these is that they have to divide up their entire marital estate, which includes the assets and the debts. Some people who are going through this process may have...
Property division can sometimes be relatively simple during divorce proceedings. Some couples sign ironclad prenuptial agreements with very clear instructions for dividing marital property. Others may very quickly reach amicable agreements about how to support their...
The first thing to understand about assets during a divorce is that they can generally be classified as separate assets or marital assets. Often, the main qualification is when those assets were acquired, earned or obtained. For instance, someone may have purchased a...
Divorce is already complex, but when you own a business, the stakes are even higher. Your company is more than a source of income. It reflects years of effort, investment and strategic decisions. If you are divorcing in California, which is a community property state,...
Building a successful business takes years of dedication, hard work and personal investment. When facing divorce, you'll want to protect this investment carefully. Getting your business valued correctly is crucial in securing a fair settlement and asset division...
Technically, married couples share their resources and financial obligations. However, people are often unsure of where the marital estate begins and where personal property actually ends. Spouses married to successful business owners often assume that they have no...
Divorce can be a scary rollercoaster of emotions, and things can get even more complicated when dividing property. Understanding the difference between what belongs to you alone and what you share with your spouse is crucial. In California, the terms "separate...
