The obligation to pay child support does not disappear when the paying parent suddenly has a physical disability. California parents who pay or receive child support payments should be aware of their options in the event they find themselves in this situation. Some...
High Asset Divorce
What happens to a family business if the owners get divorced?
As many California residents have found out, marriages sometimes come to a premature end, and when a couple separates, there can be many complications. One of the issues these estranged spouses might have to deal with is how to address a business when the relationship...
How divorce may affect Social Security
California couples who are considering a divorce may wonder about its effect on Social Security benefits after retirement. Social Security requires the equivalent of a 10-year work history, and one person may not have this or might make less income than their spouse....
Finding evidence of asset dissipation in divorce
In California, divorce summons contain an automatic temporary. This is intended to prevent either spouse from taking a number of actions including concealing or frivolously and excessively spending assets. The name for this is dissipation of assets, and it can be a...
Financial tips for California couples going through divorce
Before going through a divorce, one should take steps to secure their financial future. For starters, they should plan to live on about half their income but with nearly three-fourths of their current expenses. While it is important for a person to understand their...
Protecting children’s college accounts in divorce
Parents in California who are getting a divorce might be concerned about any college savings plans they have set up for their children. They may want to take steps to ensure that the accounts are not diverted by the other parent to pay for the education of a new child...
How Social Security benefits factor into a divorce
Many people do not fully understand the rules for Social Security benefits, and they can become even more confused when divorce comes into the picture. Although California retirees may be aware they can claim spousal benefits when they are married, they might not...
Planning for divorce is unpleasant but can be important
Nearly everyone who gets married hopes for the best, but California divorce courts of California are filled with people who never planned to be there. Unfortunately, the high rate is a statistical fact, and an appreciable number of people who get married are going to...
The lessons from Johnny Depp’s divorce case
Johnny Depp's divorce case may provide some invaluable lessons to Californians who are unhappy in their marriages. Because of the couple's celebrity status, the publicity has been unavoidable. Still, it shows what people should avoid doing when they are thinking about...
Complications of dividing a retirement plan
California couples who are getting a divorce may also need to divide a retirement plan. This can be complex for a number of reasons. One is that there is such a variety of retirement plans. They can be military, company pension or government plans, and the rules...
