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DivorceCosts

What About Our Seed Funding? Asset Division in Divorce

By Cardwell Steigerwald Young LLP |

Dividing assets pursuant to a divorce is challenging. Navigating the restructuring of your life, while simultaneously having to divide a business or business interests, and safeguard your business against potential fallout from the divorce can be particularly complicated. For entrepreneurs and investors, one of the most overlooked – but critically important – questions in… Read More »

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My Marriage was so Short – Can it be Annulled?

By Cardwell Steigerwald Young LLP |

When a marriage ends almost as quickly as it began, it is natural for spouses to ask if they can get an annulment instead of going through a divorce.  However, an annulment is not a “quick divorce.” It’s a legal ruling that the marriage was never valid in the first place. In the eyes… Read More »

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What is Transmutation of Property in Divorce?

By Cardwell Steigerwald Young LLP |

Divorce is often overwhelming. The addition of tough questions surrounding division of property can feel like too much. Add to that the unfortunate reality that dealing in legal issues comes with inevitable run-ins with legal terms and concepts that most are unfamiliar with. One term/concept that can be bewildering when it comes up in… Read More »

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When will a California Court Award Spousal Support?

By Cardwell Steigerwald Young LLP |

One of the key concerns for many divorcing spouses is whether spousal support (also known as alimony) will be ordered and, if so, for how long.  While not every divorce results in one spouse paying support to the other, spousal support is appropriate in some situations. In California, spousal support falls into two types:… Read More »

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Tax Implications for Divorcing Business Owners

By Cardwell Steigerwald Young LLP |

For business owners, divorce presents a unique and often daunting challenge – the potential division of a business they have built with years of hard work, dedication, and sacrifice. A business owner will likely have emotional ties to a business that they own and have poured so much of themselves into. In the midst… Read More »

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Spousal Support & Proving Financial Hardship Due to Disability

By Cardwell Steigerwald Young LLP |

Life can take unexpected turns, and coming into financial hardship due to disability can impact your ability to earn a living and in turn affect spousal support payments. Whether the disability occurred due to accident, illness, or even a catastrophic event – disability can come with significant cost making the need to modify spousal… Read More »

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When Parents Disagree on Social Media Usage for Their Children

By Cardwell Steigerwald Young LLP |

Co-parenting can be challenging, and social media adds another layer of complexity. Parents naturally want to protect their children, but differing opinions on social media access can lead to conflict. Social media can foster connection, community, and learning, but also brings risks.  Studies show that it also coincides with a rise in teen mental… Read More »

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Enforcing California Child Custody & Visitation Orders

By Cardwell Steigerwald Young LLP |

California courts prioritize the child’s best interests when they establish child custody and visitation orders. In determining what will serve the child’s best interests, the courts will consider many factors. This will likely include items such as: The child’s age, The child’s emotional and physical well-being, The child’s relationship with each parent, Any history… Read More »

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What is NOT Community Property in California?

By Cardwell Steigerwald Young LLP |

Under California law, generally assets and debts acquired by either spouse from the date of marriage through the date of separation is presumptively community property and is subject to the divided equally between the two spouses if they divorce.  There are exceptions to this general rule making certain assets and debts as separate property… Read More »

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What To Include in a Prenup (and What Not to)

By Cardwell Steigerwald Young LLP |

Prenups are becoming increasingly common.  A well-crafted prenup provides clarity on financial matters, outlining asset division and debt responsibility, during a divorce. However, there are limits to what prenups can dictate.  Working with a legal professional when crafting a prenup is crucial to ensure the prenup is valid and enforceable. What Can Make a… Read More »

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