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Understanding the Division of Assets in High-Asset Divorce Cases

What Factors Affect High-Asset Divorce Cases in California? There are several, some of which can have a significant impact on what the court will allow as part of finalizing a divorce. Among the largest factors are the following. Community Property California is a community property state. That means that any property acquired during the marriage …

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How Does Divorce Affect Retirement Plans and Pension Benefits?

What Is Community Property, and Is California a Community Property State? Community property is defined as property, whether financial or tangible (real estate, jewelry, vehicles, etc.), that a couple acquired during their marriage. That can include not only income earned during the marriage but also things purchased with the income earned during the marriage. This …

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How Can a Prenuptial Agreement Affect the Outcome of a Divorce?

Are prenuptial agreements legally enforceable in California? California recognized the Uniform Premarital Agreement Act (UPAA) and has abided by it since 1986. The UPAA says that a written prenuptial agreement that both spouses sign legally goes into effect once the marriage is finalized. One common misconception is that a prenuptial agreement (often referred to casually …

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What Are the Legal Considerations for Spousal Support in a Long-Term Marriage?

What Types of Spousal Support Are Allowed in California? Spousal support (sometimes referred to as alimony) is sometimes part of a divorce plan and involves one spouse providing financial support to the other. It’s often used when the couple has been married for a long time, when one spouse has left the workforce to stay …

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How Can You Manage Joint Debts During the Divorce Process?

What Are Joint Debts? In a family law case, joint debts are the outstanding financial obligations that you and your spouse are both responsible to pay back. Common examples of joint debts may include car loans, credit card debts, medical bills, and mortgages on your house. In a divorce, these debts may be divided along …

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How Do Child Support and Alimony Work in High-Income Divorce Cases?

What is a High-Asset Divorce? If one or both spouses have a high income, and their marriage is heading towards a divorce, it will likely be considered a high-net-worth divorce. Any assets acquired during the course of the marriage will be considered community property as per California law. This means that if the divorcing couple …

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Your Complete Guide to California Postnuptial Agreements

What is a Postnuptial Agreement? Discussing prenuptial and postnuptial agreements with your spouse or fiancée is a difficult conversation. These marriage contracts have a negative reputation and are perceived to take the love and romance out of a marriage by reducing that marriage to a civil contract between two people. Despite this, they play a …

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How Can You Challenge a Spousal Support Order in California?

What is Alimony? Alimony is also known as spousal support and spousal maintenance. It is financial support paid by one spouse or domestic partner to their former partner after the end of their union, either because of a divorce or separation. The purpose of alimony is for the recipient to maintain a certain standard of …

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