Avoiding the potential cost of a separation in California

By |2022-04-04T17:07:43+00:0013 Aug 2014|Categories: Family Law, Property Division|

Avoiding the potential cost of a separation in California

Cohabitation is common in Orange County, California. Many couples move in with their significant other and enjoy its benefits. Given the fact that the cost of living is higher in California than any other state, living together is a cost-effective way to lower everyday expenses and monthly bills. As more and more people take advantage of the benefits of cohabitation, more couples are bound to face property division challenges in the event of separation.

When the relationship ends, moving out may cost a lot as well. Expenses that may arise from moving include transporting furniture and old items from the shared home, relocation costs and other living expenses. For one writer who shared her breakup story, moving out cost her more than $2,000. Fortunately, Californians can prevent such a situation from happening, easily avoiding this financial and emotional stress, together with other family law concerns.

Cohabitating couples should never share credit cards, loans and other joint financial transactions, according to experts, because it may negatively impact the other partner’s credit score, particularly if one fails to make payments on time. It would also advisable to not share the cost of more expensive household items such as a large television or home renovations. When a break up happens, the partner who owns the home will reap the benefits of shared expenses.

Californians should discuss the effects of a potential split ahead of time. An open discussion regarding a split is definitely unromantic. However, it may determine how property division would takes place, particularly who gets what or what each party would be responsible to pay for when a break up happens. Additionally, having an agreement in place that can deal with the division and other things may be handy as well.

Source: U.S. News, “5 Ways to Minimize the Cost of a Breakup,” Kimberly Palmer, July 31, 2014

About the Author:

Dorie Anne Rogers - The Law Offices of Dorie A. Rogers, APC
Dorie A. Rogers, a Family Law Specialist, Certified by the State Bar of California, has been an attorney since 1981 with an exclusive family law practice located in Orange County. She is accepting dissolution cases with support and property issues including the use of forensics to ascertain business value, community interests and to establish monthly case flow analysis. Ms. Rogers has substantial experience in high conflict custody litigation involving sophisticated psychological issues. She drafts premarital and postmarital agreement designed to define and establish parties' separate and community property interests. Paternity cases and domestic violence matters are considered part of her practice. Ms. Rogers is a court-approved and court-appointed to represent minor children.Ms. Rogers consults with individuals concerned about entering or exiting a relationship. She advises effective strategies for dissolution or premarital planning. Knowledge is power and good planning affords better results.Specialties: Family Law Specialist, Certified by the State Bar of California
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