Divorce can feel like a financial tug-of-war, especially when splitting debts. Many couples face tough questions: Who pays the credit card bills? What about the mortgage? How do courts decide who owes what? If you're undergoing a divorce in California, understanding...
Property Division
A guide to dividing art collection in a divorce
Art collections can be a significant source of value and pride for high net worth couples. However, when a marriage ends, these collections can become a source of conflict. Understanding how couples can divide this complex type of asset could lead to a smooth and fair...
Do I need a business valuation for my high-asset divorce?
When a divorce deals with valuable assets, it can become more complex. Moreover, one of the most testing aspects of a high-asset divorce is the division of a business. If you are thinking of getting a divorce, how can business valuation affect the division of your...
Who gets the family business after a divorce?
Establishing a family business is probably one of the biggest milestones in a married couple’s life. You and your spouse worked tirelessly for several years to build and maintain a business. But now that you are facing a divorce, you might wonder how your business...
Leaving the marriage when you think you cannot afford it
An unfortunate situation that we see all too often. The marriage has broken down, and one of the spouses, let’s assume in this case, the wife, wants to leave the marriage because her husband is abusing her. Still, she cannot afford to divorce him. This is a couple who...
Why high-net-worth couples should consider a prenup
Discussing the demise of a marriage before it even begins is not an easy conversation for future spouses to have. Yet, divorce becomes a reality for thousands of couples in California every year. If spouses divorce with a prenuptial agreement in place, they can save...
How you can get the most from a divorce settlement
Not everything of value to you is of the same value to your spouse. You have known this person well enough to marry them, which means you are super familiar with the things they like. To guarantee that you both get exactly what you want, you both should discuss a...
Can I be reimbursed for helping my spouse build a business?
In California, a high-asset divorce is inevitably complicated, particularly if there is a successful business as part of the marriage. Often, one party ran the business while the other either played a minor role in its operation or was not involved at all. However,...
How does domestic violence impact support and property division?
Domestic violence is an unfortunate part of many California family law cases. Domestic violence can be terrible for victims, and criminal charges can do extensive damage to the life of the accused. When a marriage ends with a history of these allegations, it is...
Understanding the basics of property and debt division
Most of our readers probably know that California state law addresses the property and debt division part of a divorce case a bit differently from the majority of other states. In many other states, the term “equitable division” is the name of the game when it comes...