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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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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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 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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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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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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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 to Navigate Spousal Support Modification in California Spousal support modification in California requires proving a material change in circumstances, focusing on communication and transparency to reach fair outcomes. Navigating the divorce process in Campbell often leads to questions regarding spousal support, also known as alimony. This financial support helps a former partner maintain a
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What is Divorce Coaching? A divorce can be one of the most challenging chapters of any person’s life. Not only is there the complicated divorce legal process, but there is the emotional toll that divorces take on those involved. And the voice can be damaging to the two spouses but also to all other family
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