If you are one of the many residents in California who is facing an impending divorce, you may know that California is one of a few community property states. This fact may impact your final divorce settlement but it does not at all dictate what the specific terms of that agreement will be. What creates an equal distribution of a marital estate can vary based on the circumstances. One factor often in play is the value of a couple's home.
What happens to home equity when you divorce?
Divorce in California, in its simplest terms, involves untangling your personal, professional and financial life from that of your ex, and there are certain key matters you will typically need to work through as you navigate the process. If you and your former spouse purchased real estate together, one such matter you will need to work through involves how you plan to divide any equity you have in your shared home.
What is palimony?
If you have lived with someone in California for several years without benefit of marriage and your relationship now seems headed for a breakup, you need to know about California’s unique palimony law. FindLaw explains that this law allows some unmarried people to claim and receive spousal support from their long-time cohabitant when the relationship comes to an end.
Understanding the impact of your divorce on your children
When you are preparing to divorce your spouse in California, one of your immediate concerns may be how this decision could impact your children and their subsequent ability to cope with a major change in the dynamic of their family. At Family Law Group, LLP, we have been able to provide support and assistance to families as they navigate through a divorce.
The effect of divorce on the educational opportunity of children
When a couple in California decide to follow through with getting divorced, they may initially think that their decision will only affect the two of them. However, divorce often has a ripple effect in the way it impacts the people closest to the divorcing couple. Children in particular face a unique set of challenges that result from their parents' decision to separate.
Handling a business lawsuit during divorce
As a business owner, you may have an array of challenges to deal with. For example, you could be dealing with seasonal challenges related to your business (such as hiring new staff members with summer approaching), but there may be other hurdles that have caught you completely off-guard. For example, your business may be in the middle of a lawsuit over one issue or another (such as a contract dispute, allegations of sexual harassment, etc.). Moreover, you may be going through issues in your personal life, such as ending your marriage, which could complicate things further.
Are you ready for your child’s school year after divorce?
Navigating your child’s school year after divorce in California can be tricky. Luckily, there are a few ways to make this transition easier. Forbes offers key insights to maintain a smooth school year in an environment of two households.
Approaching divorce as a new parent
Welcoming a child into the world can be joyous, with many parents optimistic about their child’s future and what lies ahead. However, it can also be a time of uncertainty, especially when someone is in the middle of a relationship that is falling apart. For example, someone may be living apart from their spouse at the time of their child’s birth, or their marriage may fall apart shortly after their child is born. If you are a new parent, it is especially vital to approach your divorce from the appropriate angle and take relevant family law issues (such as custody and child support) into careful consideration.’
Are you ready for divorce?
Whether you have been married for five years or 15, you have three kids no kids, or you own significant assets or no assets as a couple, the decision to divorce is never a light one to make. Before you and your spouse decide to legally end your union, you should decide if your marriage is salvageable or if divorce is the best option. Psychology Today details six signs your California marriage is truly over.
Things you should know about spousal support in California
Divorce is an emotionally trying, stressful time that can be exacerbated by splitting assets and determining child and spousal support amounts. In California, one domestic partner or spouse may be required by the court to pay partner support or spousal support, commonly referred to as alimony. To determine partner or spousal support, there must be an open court case. This must be one of two things: a domestic violence restraining order or a legal separation, annulment or divorce.
