You started the company that you own with the intention of supporting your family. You never anticipated that your relationship with your spouse would reach a point where divorce seems like a real possibility. However, that is your current situation. You run and own a...
California professionals working in high-demand occupations often have very complex compensation packages. Companies offer many benefits, including deferred stock options, to incentivize a long relationship with newly-acquired talent and to have them invested in the...
If you're nearing retirement and are considering a divorce, it's important to understand how this will impact your finances. You are probably concerned that your ex-spouse will get half of your retirement savings. Here is what you need to know about splitting...
California considers married couples to be a “community.” When you divorce, you must divide most things that you or your spouse acquired during the marriage as state law considers most of those things to belong to “the community” rather than either of you as...
High-asset divorces frequently come with significant complications. The more property you have in your marital estate, the more motivation you have to fight with your ex. Some people aren't happy with negotiating with their ex or even litigating in the family courts....
When high-net-worth couples divorce, sometimes the causes they’ve supported over the years are among the casualties. That doesn’t have to be the case. Likely, you and your spouse both want to continue your commitment to your philanthropical efforts after your marriage...
If you co-own a business with one or more business partners, and you have an imminent divorce, you may be concerned about how your ownership interest will fare when you get to the property division portion of the divorce process. In many instances, an ownership...
Disputes pertaining to property division in divorces are bound to arise. Because California is a community property state, any assets acquired during the marriage equally belong to both divorcing spouses. The couple can try to work things out on their own. However,...
Divorce may already feel jarring enough. To give yourself -- and your children -- a bit more stability, you may decide that you at least want to keep the house after your divorce is over. But can you? If you and your spouse bought it together long before you thought...
One bonus of divorce is that you will be free to live where you wish. If you always want to buy a Winnebago and travel the country, or move to be nearer your adult kids, you are free to do so -- as long as you can afford it. To be free to spend your retirement as you...
