It is often common practice to leave the cell phone or tablet laying somewhere unattended. Yet, the average California resident has his or her messages, social media account, email and calendar available on these devices. While this habit typically does not lead to problems within one's own home, if the individual is contemplating divorce, this habit may provide the spouse with unintended information.
For some California couples, marital bliss is not their reality. In fact, one of the happiest days of their lives may just be the day that they sign divorce papers. Throughout this process, though, there are a number of financial concerns that will need to be addressed.
There is a lot of advice out there for how to support minor children through a divorce, but what about adult children? Many people will share too much with adult children in an attempt to have them pick sides or to gain favor. However, the drama and anger that may result from a difficult California divorce mediation should not necessarily be discussed at home, even with children who are no longer young.
Many marriages end due in part to communication challenges, so it is not surprising that divorced couples often struggle with communication as well. While some exes in California have no need to keep talking after a divorce, others must continue to communicate about issues such as shared children, businesses, the sale of the marital home and spousal support. Here are some tips experts offer for how best to speak with a former spouse.
When marriages end, the ex-spouses have to embark on the process of separating their lives from one another. Divorce does not have to be gritty and difficult in California. It is possible to have a divorce that promotes an amicable relationship between the parties as well as effective co-parenting if children are involved. Following a few tips on how to make the process less challenging can guard against emotional damage to anyone affected by divorce.
When a marriage comes to an end, the result can cause partners to experience financial challenges. Married couples typically share many things from bank accounts to property. When a marriage dissolves, it is in the best interest of the involved parties to protect themselves against any negative repercussions. In California, there are cautionary tactics individuals can employ to guard themselves from monetary problems during and after a divorce.
On average, 40 to 50 percent of marriages will end prematurely, and some will end in a financial mess. When couples call it quits, what happens to the debt incurred during the marriage and who determines how it is distributed after a divorce? This may be determined by where one lives. California is one of nine community property states that recognizes that all debts are the responsibility of both parties.
During the process of ending a marriage, is it best to separate finances or file taxes together as a married couple? According to the IRS, couples in the process of divorce but have not yet finalized are still eligible to file taxes together as a married couple. If filing separately, both must either take the standard deductions or both must itemize. In California and other states, couples can file joint tax returns if they are still married on the last day of the previous year.
Ending a marriage is rarely a pleasant experience. With new changes coming in the form of scrapping the current alimony tax laws, negotiations could get even more ugly. In California, the change in tax incentives for alimony payments could have lasting consequences for other payments such as child support that is often calculated together during divorce negotiations.
The dissolution of marriage at any age can be unnerving and ultimately affect one’s thought process. Divorce is never easy and often causes increased stress and can take an emotional toll on a person. Being well organized and researching the state laws as they apply to divorce can help prepare for the often-tumultuous times ahead. In California, divorces over age 50 have doubled in the past 25 years.