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Here in Beverly Hills and the surrounding Los Angeles area, there are more instances of men seeking alimony in divorce than in other parts of the state and throughout the country as a whole. Many men are far outearned by their wife or husband because of the outsized...
Under community property statutes, spouses must generally divide the resources they acquired during marriage. They can either negotiate with one another or litigate in family court. Assets owned jointly and even property in the name of one spouse purchased with...
Divorcing couples have to divide their shared property. Not only do they have to separate their physical assets and decide who lives in the marital home, but they also need to address their financial resources. Successful professionals could have six figures or more...
Going through a divorce is never easy, perhaps especially when it comes to dividing what you and your spouse own. If you received an inheritance during the marriage, you might be wondering whether your ex is entitled to a share of it. It is a deeply personal concern,...
Dividing property in a divorce depends on honesty. In California, both parties are required to fully disclose all property and finances. Hiding assets violates this duty and can have serious consequences. Hidden assets can throw off the entire divorce process and...
Owning a family business with their spouse is a dream that many people share. Once this happens, the business becomes a focal point of the relationship. That doesn’t become a problem unless the couple decides to divorce. At that point, the business can become a major...
Dividing assets is a very important part of divorce, and it starts by classifying those assets correctly. Separate assets are often those that people owned before the marriage, and they may not be subject to property division. Marital assets are those that the couple...
Building a life together often involves supporting each other's dreams. For some couples, this includes building a business together, such as a medical practice. Understanding how this jointly built asset is treated under the law is crucial when facing divorce....
When you get divorced, you and your spouse need to divide your marital assets. In some cases, this division is straightforward. Money in a bank account – which was earned during the marriage – is a marital asset, for instance, as is a family home that you both...
One of the first steps when dividing property in a divorce is identifying which assets are considered marital property and which are separate property. Marital property typically includes assets acquired by either spouse during the marriage, such as income, real...