The baby boomer population is mostly alive and well in California and nationwide. They are entering their retirement years and making out their estate plans to transfer a massive base of wealth to their heirs in the coming years. What happens to the normally structured procedure of retirement and estate planning when a couple decide that it is necessary to get a divorce later in life?
California residents who are divorced or facing a divorce should know some basic facts about Social Security retirement benefits. To qualify for benefits, an individual must have roughly a 10-year work history where Social Security taxes were paid into the fund. When a divorced or soon-to-be divorced person does not qualify under that standard, all may not be lost. There may be a way to obtain benefits on the Social Security account of the former spouse after the divorce, and this is done without interfering with the usual amount the other spouse collects.
How two parents handle the interaction between each other and with their children post-divorce will have a lot to say about how the children grow emotionally in their formative years. Cooperative co-parenting is a popular concept in California and other states. Truth be told, however, this is a difficult model for many parents to master after a divorce. At the least, it will take time for some parents to adjust to the idea of keeping past emotional heartaches under check for the sake of the children.
There are certain universal pitfalls to avoid in California and other states when a person is involved in divorce proceedings. Despite the following considerations, however, one must consult regularly with an experienced family law attorney in order to remain fully informed and protected from the range of pitfalls that may exist. That being said, one thing that has burned many a divorce participant is talking about one's finances and activities on social media.
The marital dissolution process can feel like a minefield, with emotional explosions taking place unexpectedly. Unfortunately, these explosions could cause serious injuries that leave lasting scars. However, a couple of tips may help people in California who are going through divorce to get through the process as unscathed as possible.
Prenuptial agreements have become somewhat common in the divorce process in California and elsewhere. A prenup is a contract entered into prior to the marriage. It contains provisions that generally define who gets what property if there is a separation and divorce. It was traditionally used by a wealthy person entering a marriage with a less wealthy individual, and the purpose was to limit what the less wealthy partner would be able to take out of the marriage if it ended.
Celebrity divorces often occur in California due to its being the home to the entertainment industry. Other nearby states also are the home to some famous divorce matters due to their association with some of the largest technology companies. One of the biggest divorces recently made public is that of the world's richest man, Jeff Bezos, the founder and owner of Amazon.
California recently became the third state to recognize that pets have rights. A state law that became effective on Jan. 1 provides among other things that in divorce cases family law courts will have the authority to determine what is in the best interests of the pet animal. The judge will be able to consider the care and welfare of the animal and to establish shared custody arrangements for pets.
It's no secret that the end of a marriage is emotionally and psychologically taxing. Divorce can wreak havoc on a person's mental well-being. In fact, coping with a divorce is not unlike coping with death, as both events represent a drastic life change. Grief is a common emotion associated with both events. The following tips can help California residents deal with grief amid divorce.
Divorce in California and elsewhere continues to take on new issues as the law and people's values evolve. One area where that dynamic is seen often is on the issue of which spouse gets to keep the family dog, or even their faithful and affectionate cats, after the divorce. It is a sad commentary on human nature, but in some divorces, spouses are known to use the family pet as a bargaining tool or a hammer of revenge.