Category Archives: Property Division
Recognizing Strategies Spouses Use to Attempt to Hide Assets: Part Two
While it is understandable that humans might feel compelled to act selfishly and hide financial assets in order to shore-up their own wellbeing in a divorce, that does not mean that it is an excusable action in the eyes of the court. Hiding financial assets or information can rise to the level of criminal… Read More »
Dividing a Business in California Divorce
When you are a business owner and anticipating that you will soon be going through a divorce in a community property state, there is a lot you need to consider. Under several scenarios any business that was purchased during the marriage or that has become commingled in marital funds could very well be seen… Read More »
Removing Your Name from Joint Property in California
You are probably going through a lot right now. And you were likely going through a lot when you made the decision to co-sign on a mortgage. Whether you joined yourself with a romantic partner, spouse, family member, etc., it probably seemed like a good idea at the time. However, as you are now… Read More »
Items You Need to Know to Prepare for your High Net Worth Divorce
California divorce courts have seen the gamut of complications from dividing high-value assets and estates as a result of a divorce. Every divorce is unique and comes with its own challenges. But when you are dealing with the division of multiple properties, or businesses, or a disputed, hefty spousal support claim: even amicable spouses… Read More »
Items to Consider Before Pursuing a High-Asset Divorce
Nearly every couple going through a divorce will have some things in common. At least one side is likely to experience a sense of being wronged, heartbreak, denial – maybe even feel spiteful. While this may be a basic formula in any divorce, special attention should be paid by those individuals who anticipate that… Read More »
Business Valuation Methods In California 101
So you have come to the point where divorce is inevitable. Many couples come to this point, but some lucky few have to deal with the added complication of valuing and dividing their business as an asset. Many are familiar with the concept that California is a community property state. What this works out… Read More »
Business Valuations In Divorce
Divorce is often complicated, and there is no ‘universal handbook.’ Every marriage is different, so every divorce is different. No couple has precisely the same assets, motive, or agenda when divorcing. The uncertainty surrounding divorce and the asset-division portion of divorce, is compounded exponentially when you have a business to consider. Not only are… Read More »
Dividing Retirement Funds In A California Divorce
You have likely already heard the phrase “California is a community property state.” However, too often people hear the phrase and, not knowing what it really means, let it go in one ear and out the other without really considering its ramifications on various items – such as retirement accounts. Yes, that’s right –… Read More »
Heavyweight Penalties: Hiding Assets In A Divorce
The iconic Hollywood heavyweight Sylvester Stallone was recently accused of hiding marital assets by Jennifer Flavin, Mr. Stallone’s estranged wife of 25 years. According to her filing, Mr. Stallone has “engaged in the intentional dissipation, depletion and/or waste of marital assets, which has had an adverse economic impact on the marital estate.” While the… Read More »