Mortgages and realty ownership can be complicated at the best of times. When a California couple divorce, the marital home may be dealt with in a number of ways. If there is no definite severing of rights and responsibilities on mortgage agreements and realty deeds,...
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Property Division
Property division: the $1 million question
Money, or the love of it, may or may not be the root of all evil: however, there is no doubt that it can cause many an argument. When California residents divorce, an individual retirement account may be part of the property division. What may start off as an amicable...
How fair is ‘fair’ when it comes to property division?
Marriage may be intended to be an equal partnership, but the division of labor is not often entirely fair. There can be a significant difference between a spouse who is a genuine homemaker and one who simply leeches from the other. For some California residents,...
Property division: let your head rule your heart
Many people have fond memories of their childhood home. For California couples who are facing divorce, the family home is often sold as part of the property division, and this is usually the least complicated option. Any children affected by the marriage breakdown may...
Hidden assets and the electronic age
It is natural to want to see fairness and justice prevail. When couples divorce, it can be common for emotions to spiral out of control, skewing one's view of what fairness looks like. The community property assessment may become a battleground where California...
Property division need not be a messy business
They say that one should not mix business and pleasure, yet couples will often set up a business together. This can work extremely well until divorce strikes, at which point things have the potential to deteriorate very quickly. What options might California residents...
Property division: Bigger does not necessarily mean better
Hindsight can be a wonderful thing, but sadly it usually comes too late for one to act upon it. In the majority of divorce cases, the division of assets will be relatively simple; however, where there is a large amount of wealth involved it may be necessary to seek...
Property division is no Boy Scout picnic
The Boy Scouts of America have a motto: be prepared. This is good advice for most areas of life, especially if one is considering or has already initiated divorce proceedings. When things are going well within a marriage, one may feel a sense of security that belies...
Community property division and what one needs to consider
Hindsight is a wonderful thing. Many California residents who have gone through divorce may wish that they could have had the benefit of it. For those who are currently thinking about initiating divorce proceedings, there are some things that are worth bearing in mind...
Separate homes necessary for separate property assessment
The economic climate can affect many aspects of making the decision to divorce. Making the transition from a joint household to a single household can be financially difficult, and many couples have chosen to remain in the marital home as roommates until such time as...