Posts tagged "Divorce" | Orange County Family Law Blog
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Posts tagged "Divorce"

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Harness your emotions at the end of your marriage

The end of a marriage is an emotionally charged time. Both adults have to be prepared to deal with many life changes. When you have children, you can't focus only on what you need, as you also have to think about what is best for them. There are many considerations to ponder in these cases.

Academic success of wealthy kids is impacted when parents divorce

Researchers have long been aware of how a parents' separation can adversely impact a child's academic success. Earlier this month, researchers from the University of California, Los Angeles (UCLA) published a study describing the kids that divorce affects the most. They determined that divorce seems to impact children from more stable, wealthier families than it does those who were previously struggling.

Practical decisions benefit you in asset and debt division

One of the most difficult things to do during a divorce is determine who is going to get what. Both sides likely want the assets, but neither wants to have to take on the debt. While you might be tempted to try to get as much as you can during the property division process, you have to remember that many assets come at a cost.

What is 'quasi-community property?'

If you're reading this, you likely already know that California is a community property state. "Community property" refers to the assets that a couple earned or acquired, either separately or together, during the marriage. There are some exceptions, such as inheritances and gifts that remain separate as long as they don't get commingled with the couple's community property.

Take steps to improve your emotional state during divorce

The end of a marriage usually doesn't come as a shock. You have probably been thinking about how the situation has been deteriorating. During this time, you can prepare yourself for the divorce that might be forthcoming. One of the easiest things you can do right now is gather a copy of financial documents that you might need when you go through the property division process. Having these can help prevent your ex from trying to leave assets off the declarations for the divorce.

The biggest divorce change in 2019

As we move into 2019, it is important to understand how divorce laws are going to change moving forward. One of the biggest changes involves alimony and taxes. The impact on your financial situation could be dramatic.