When it comes to divorce in California, untangling finances is one of the most difficult parts of the process. Special assets like 401(k) accounts and IRAs can prove very complex, and managing their division can involve large tax bills if not handled correctly....
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Year: 2022
Advantages and disadvantages of revocable and irrevocable trusts
If you are creating an estate plan in California, you may wonder whether a trust would be a useful tool for you. One of the first things you will need to decide is whether you need a revocable or irrevocable trust. Changing a trust One of the major differences in the...
Divorce when you have a medical practice
In California, divorce is usually a difficult process for everyone involved. It can be especially challenging when there's a medical practice involved, and it's marital property. The good news is that it's possible to get a desirable outcome if you find yourself in...
Preparing for mediation: The pros and cons
One of the options couples in California can have to resolve their divorce issues is mediation. When they choose it, they attempt to resolve their issues, such as division of property, child custody, and financial support, out of the courtroom by working with a...
How to manage your life insurance during a divorce
While going through a California divorce, you have many things to consider. One of them is something most people don’t think about, life insurance. Managing your life insurance can make things easier. Review your life insurance policy During your divorce, you may want...