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The divorce process does not have to cost an arm and a leg

Ending a marriage can be a pricey endeavor. Though individuals in California and elsewhere may feel that any price is worth getting out of an unhappy relationship, they do not have to resign themselves to paying an exorbitant amount of money to end the divorce process. There are ways in which people can work to keep their costs lower.

One step that could prove immensely beneficial is to understand the expenses associated with their legal proceedings. By knowing what attorneys charge, what they charge for, court fees and other charges that apply, parties may have a better chance of not being caught off-guard by bills. In particular, individuals may want to prepare for meetings with their legal counsel in hopes of avoiding additional meetings -- and additional costs -- due to a lack of preparation.

Do unmarried fathers get visitation in Encino divorces?

If you are the father of a child or children living in the San Fernando Valley and you are not married to the mother of your children, you may wonder about your paternal rights. Especially if you are separated from the mother of your child or children, it can be difficult to understand what the law entitles you to as the father.

One of the most important things for you to understand as the unmarried father of children in California is how paternity is established. Without paternity, you cannot assert your parental rights as an unmarried father.

IRAs may be split during property division process

It is common for retirement accounts to be included as community property during divorce. This information means that it is possible for these accounts to be split during the property division process. When dividing an IRA, California residents may want to pay particular attention to how the funds are transferred.

If assets in an IRA are transferred directly into a savings account, it is likely that the account holder will still face considerable taxation on those funds. Even though the money is now in the account of an ex-spouse, the stipulations of the retirement account may still hold the account holder responsible for fees and taxes. Instead, individuals may do better by changing the name on the IRA itself to that of the ex-spouse or transferring the funds into the IRA of the ex.

Emphasis on looks, money could increase divorce chances

Several factors could impact whether a marriage thrives or comes to an end. While most California residents certainly want to think that their future or current marriages will allow them to live happily ever after, they may also have their doubts. Some factors could possibly indicate that a marriage could be more likely to face divorce.

If a spouse or partner displays a considerable emphasis on how important physical appearance and money are, it could be a red flag. Certainly, attraction and money are important in relationships, but those aspects can also ebb and flow. Therefore, if a partner does feel that these superficial factors are the most valuable aspects of a relationship, it may not set the marriage up for success. 

Having a relationship agenda could have people filing for divorce

It is important to have goals in life. Setting deadlines for certain achievements can act as useful motivation to reach those goals. However, when it comes to relationships, setting deadlines may not be the best approach. Entering into a marriage with an agenda may prove more harmful than beneficial, and in the end, some California residents could end up filing for divorce.

Most people want to have a companion in life, and that desire is understandable. However, it is often best to let meaningful relationships come about organically. If individuals try to force romantic feelings simply so they can reach their goal of being married by a certain age, they may be setting their relationship up for a rocky future.

Prenups may make dividing property in divorce easier

Getting married can be an exciting and overwhelming time. Of course, dividing property in divorce can also be immensely overwhelming. While some California residents may not think about property division as they prepare for their wedding days, it may be wise to do so. Creating a prenuptial agreement could save much time and trouble in the event of divorce.

It is not uncommon for individuals to think that they do not need a prenup. After all, without a considerable amount of wealth, planning ahead is not necessary, right? Actually, that notion may not be correct. True, many wealthy individuals do tend to consider prenuptial agreements in order to protect their assets, but creating this document could potentially benefit anyone about to marry.

Should you add a forensic accountant to your divorce team?

If you and your spouse are a high-asset California couple with a complex financial situation, you may find it difficult to resolve your property settlement issues during your divorce. This is especially true if you suspect that your spouse is hiding assets

You may wish to consider hiring a forensic accountant to work with you and your divorce attorney. His or her unique training and skills can greatly enhance your success in finding, tracking and valuing whatever hidden assets may exist.

Custody decisions: Co-parenting may be option worth considering

After making the decision to divorce, many California parents may worry about how their children will handle the situation. They will undoubtedly also worry about how to come to the best custody decisions and how those decisions will impact their kids. In best case scenarios, co-parenting may be an option to consider.

It was recently reported that research was conducted involving 1,500 families and focused on how well individuals co-parented. They also looked at how this co-parenting quality affected the stress levels kids faced. Results indicated that families who had a difficult time continuing to co-parent had children who presented externalized behavioral issues, such as aggression. The study also indicated that the children may also face more stress when a new romantic partner moves in with the family because it puts increased strain on co-parenting relationships. 

Individuals facing the divorce process have options for support

Whether a person chooses to end a relationship or is informed by a spouse of the desire to dissolve the marriage, it can still be a substantial life change to come to terms with. This type of change can also cause a person to feel various emotions, and even the person choosing to end the marriage can still feel considerable pain. The feelings associated with the divorce process can easily cause California residents to struggle in many aspects of their lives.

Due to the pain that divorce can cause, it is not unusual for parties to need support during this transitional period. If loved ones want to offer that support, taking a direct approach may be a viable option. In some cases, hurting people may not want to ask for help, and an offer of assistance may be greatly appreciated.

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