Over the years, Jack and Alicia both contributed to the success of Jack’s CPA firm. When they decided to divorce, the CPA practice became a point of contention in an already contentious situation. Just how much of the firm was Alicia entitled to receive in the divorce settlement? To figure this out, Jack, Alicia, and their attorneys needed to know how to value a professional practice.
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Most divorces consist of several moving parts. Couples may have to deal with property division, child custody, child support, and spousal support. It’s the ‘money’ part of divorce that trips some people up. How much money does one spouse have to give the other for child support? Will one spouse have to pay spousal support to the other and, if so, how much? There’s one document produced during the divorce process that helps couples and their divorce lawyers work out those details: financial disclosures.
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It’s easy to say that California is a community property state. However, the actual process of assigning property and debt is complicated, especially since people are more likely to think about dividing assets than dividing debts during a divorce. As an unhappy couple and their divorce lawyers sift through paperwork, they have to get the big picture of what the couple owes and who will pay.
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She knew it was time. After five years of marriage, Julia was looking for a way out of her marriage to Taylor. As she and her divorce lawyer explored her options, Julia learned there are three ways to end a marriage: annulment, legal separation, and divorce. Which option would work for her situation?
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Most of us don’t walk down the aisle at our weddings thinking there’s an expiration date for our love. We don’t say, “I do,” while planning to end our marriages in six years, three days, and 12 hours. But building a healthy marriage and keeping it together is not easy. At some point, you may have to know when your relationship is over so you can move on. In this article, we will explore several ways of knowing that it’s time to file the divorce petition.
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Some divorces resolve quickly. Others may take months or even years before the judge signs the final divorce order. While it may be tempting to take a deep breath and go on a three-month vacation, there are some actions to take soon after your divorce is over.
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Constant bickering and disagreements can lead a couple to turn to divorce. However, after filing the petition, the unhappy couple now have to resolve a lot of serious issues they couldn’t settle while they were married! If you and your spouse can’t agree on anything, be prepared. You still have to negotiate divorce issues to reach a settlement. Here are some tips on how to do just that:
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Gabrielle fully expected her attorney to square off with her husband Jack’s attorney. She assumed that divorce would be contentious. She knew that there were many important issues to decide. However, as her husband hired more and more people to work on his side of the divorce, she learned that other professionals might help with your divorce.
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Marisa didn’t understand why her divorce was taking so long. After all, she had hired her favorite cousin, Vincent, to represent her. He had been an attorney for years and had even handled her most recent personal injury claim. With something as important as the dissolution of your marriage, you don’t just need any attorney – you need to hire the right divorce lawyer. You’ll need to look for a few important things.
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Living together before marriage is more common than at any time in recent history. According to a Pew Research study, the number of people who have ever cohabited is higher than the number of people who have ever been married. Several major studies disagree on whether people who live together before marriage are more or less likely to divorce. If divorce does become a reality, cohabitation might affect your divorce settlement.
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