After the end of a marriage, one of the most complex issues both parties need to resolve is property division. California is a community property state, meaning all marital assets are divided between spouses in equal proportions. The same rule of community property applies when one spouse owns a business; that business is also subject to equal division at the time of divorce. In fact, it is a managing spouse's duty to disclose all matters pertaining to the business to his or her spouse.
Most Californians are loosely familiar with the legal issues involved at the end of a marriage. Some have experienced them firsthand, and others have seen friends or family members experience the range of emotions that comes with the end of this most intimate relationship. However, before divorce papers are filed and a couple is forced to deal with issues such as child custody, spousal support and asset and property division, they might want to look more closely at what the process entails.
Ending a marriage includes the process of property division. Upon property division, the marital properties, assets and debt would be subject to division. This would likely impact one spouse's financial stability during and after divorce. The income flow would be altered as well. However, family law solutions in California may permit a spouse to seek financial assistance from the other spouse.
Families in Orange County, California, are used to hearing about divorces between couples who battles in court for every little issue related to the divorce. Contentious divorce is typical in a divorce that involves a substantial amount of assets such as companies, offshore accounts, properties and investments. However, not all divorce in California need to be complicated.
In California, family law concerns involve more than divorce, child custody, child support and spousal support. Other family law matters can bring considerable conflicts to families. One of those is the termination of parental rights. Every state, including California, has statutes that govern the termination of parents' rights to raise their children, and these form the basis of any court decision.
For many Californians, meeting someone, falling in love, having children and spending their life with that one person offers the ideal life. In reality, not everyone is able to achieve this. Marriages fail for a variety of reasons, and too often people are left with the emotional and sometimes financial wreckage that is divorce.
Most of the time, a California divorce focuses on these three family law issues: property division, child custody and child support. Besides these, divorcing couples should also address the issue of spousal support or alimony.
Alimony is one of many issues that can complicate a divorce settlement. Many Californians may know something about alimony themselves or from the publicity surrounding high-profile divorce cases. What many people do not realize, though, is that alimony is more than a request for monthly financial support from a higher wage-earning spouse. It also emphasizes the lack of financial control one spouse had during a marriage.
Property division, spousal support, child custody and child support are among the legal issues that can be a point of contention when a marriage ends. Over the last decade, though, another issue has brought more than a little confusion, anxiety, uncertainty and bitter court battles and challenges for many Americans: same-sex divorce.
A bride walking down the aisle to join her soon-to-be husband at the altar is a romantic vision that many Californians have. For some individuals, though, getting married nowadays is far less attractive because of the divorce rate and the financial challenges of having a child. For these reasons, more and more people are deciding to live together without getting married.