California uses a community property standard for asset division when couples divorce. While the law mandates fair division, however, it does not require a 50/50 split of marital assets and debt. Explore the factors that impact property division in California divorce...
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Sacramento Family Law Blog
3 tips for coparenting after divorce
One of your biggest concerns about your divorce is likely how your children will react. You may worry about how your children will cope, especially as you start to share parenting time with your former spouse. According to the American Psychological Association,...
Avoid these common money mistakes amid divorce
The decisions you make when navigating your divorce have far-reaching implications, and this is particularly true when it comes to your money. Many people in your shoes make similar financial mistakes during a divorce, so recognizing what these common money mistakes...
How does California divide retirement accounts in divorce?
If your marriage ends after 10 years or longer, you may have a healthy retirement account. Individuals ending a second or subsequent marriage will also have concerns about the division of retirement savings. Review the basics of fairly dividing your retirement savings...
3 business valuation methods reach vastly different results
Starting and growing a business are the more effective ways to achieve the American dream. If you are going through a divorce, though, your business venture may be part of the marital estate. That is, even if your spouse has had little interest in your company, he or...
Dealing with your timeshare during your divorce
If you are preparing to divorce your spouse, you probably know something about division of marital assets. In California, you and your soon-to-be ex-spouse have an equal ownership interest in the marital estate. The same is true for your marital debts. In addition to...
How does California divide retirement savings in divorce?
Individuals considering divorce likely have concerns about how the court will divide retirement savings accrued over a long career. Because California is a community property state, couples must divide these assets evenly with a legal qualified domestic relations...
How a parenting plan helps reduce stress after divorce
Navigating the often rough waters of divorce with children requires patience, understanding and knowledge. Getting help throughout the process is important, especially when it comes to the parenting plan. Creating a parenting plan that works for your children is one...
What is the difference between community and separate property?
Finances are often one of the most divisive topics between married couples, so it is no surprise that figuring out who gets what during a divorce is often confusing and stressful. It is important for Californians facing separation to know that, if they cannot come to...
Who gets the dog after a divorce?
The companionship and affection you get from your dog are special. After all, few things are better than coming home after a long day at work to see your pooch’s wagging tail. If you are heading for a divorce in California, though, you may wonder what happens to your...