Anyone going through a divorce hopes to emerge with the highest credit score possible since they may need that to find a new place to live and to generally begin again in life. However, California residents may find that things that happen during the divorce threaten...
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Divorce
Determining Your Date of Separation
In January of 2017, the California Legislature passed a law amending the Family Code allowing a couple who is still living under the same roof to be considered “living separate and apart” for purposes of establishing a date of separation prior to filing for divorce. ...
Tax Cuts and Jobs Act – Effect on Spousal Support and Alimony
By Dannielle M. Campbell What we know. The Tax Cuts and Jobs Act of 2017 repealed the alimony deduction to paying spouses for any divorce or separation instrument executed after December 31, 2018. What is the alimony deduction? The alimony deduction allows the payor...
Automatic Temporary Restraining Orders: Prohibitions on Estate Planning Actions during a Divorce Proceeding
When a spouse or domestic partner commences a proceeding in court to dissolve a marriage or domestic partnership, four temporary restraining orders (or “TROs”) automatically take effect, which prohibit either party, upon service of summons, from certain actions until...
Prenuptial/Pre-Registration Agreements: Are They Right for You?
While a prenuptial agreement cannot limit your obligations of mutual respect, fidelity, and support, nor do away with your duty to deal with your spouse with the highest good faith and fair dealing under California law, it can be a useful tool to define your property...
Untangling Your Marital Estate During Divorce: From Conceptual To Concrete – How To Begin Separating Your Finances (Part Four)
This is the fourth post in a four-part series about preparing for the financial strain of the California divorce process. Untangling Your Marital Estate During Divorce: From Conceptual To Concrete – How To Begin Separating Your Finances If you and your spouse have...
Untangling Your Marital Estate During Divorce: Mitigating Unnecessary Stress (Part Three)
This is the third post in a four-part series about preparing for the financial strain of the California divorce process. Untangling Your Marital Estate During Divorce: Mitigating Unnecessary Stress As discussed in our previous posts, every divorce is different. Of...
Untangling Your Marital Estate During Divorce: Saving Time and Attorney’s Fees During the Disclosure Process (Part Two)
This is the second post in a four-part series about preparing for the financial strain of the California divorce process. Untangling Your Marital Estate During Divorce: Saving Time and Attorney’s Fees During the Disclosure Process As our first post discussed in...
Untangling Your Marital Estate During Divorce: Starting Early Can Lead To Savings In The End (Part One)
This is the first post in a four-part series about preparing for the financial strain of the California divorce process. Going through a divorce can take an emotional toll on anyone. Although this may seem obvious, just as no two relationships are the same, no two...
Calculating Spousal Support on Divorce
When our clients come to us with questions about spousal support (or “alimony”) whether in contemplation of a prenuptial agreement, a post-nuptial agreement, or divorce, they are often fearful of its uncertainty. Common concerns run from “will my spouse/partner take...