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property division Archives

Inherited IRAs give divorce judges new ground to cover

Marriage is often a complicated arrangement. Although the basis of marriage should be love, many practical considerations enter into a legal contract. Nothing proves the complexity of marriage more than the difficulties that many people encounter when they are trying to get out of one.

California divorce shows how asset division can get nasty

When someone thinks of divorce, it is hard to avoid the images of love turned to animosity and emotional threats leading to contentious fights over the silverware or frequent-flyer miles. Much of this effect is lent to divorce by movies and television; however, because the actual processes of working out who gets what during and after separation does not have to be so difficult or dramatic.

California joins a growing pack in pet custody cases

All parents can agree that children deserve the best chance at happiness and growth, and this means that children are the first priority if their parents ever decide to separate. The most contentious issues in California divorces often revolve around child custody, financial support and other things for the kids.

Prenups may help with property division later on

Before entering into a marriage, it is important to consider a number of different aspects of life and the future. This step includes considering the potential for divorce. It is possible for California residents to prepare for divorce, and property division in particular, before they even get married.

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.

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.

Prenups may streamline property division process, give insight

When individuals first get engaged, they may believe that they will always be willing to do anything for their future spouses. While this idea may seem comforting, it is not always realistic. Many California couples may find themselves facing divorce, the property division process and other aspects of ending a marital relationship. However, this possibility does not have to deter individuals from tying the knot.

QDRO may be needed when dividing property in divorce

When going through divorce, most people want to ensure that they get their fair share. Because dividing property in divorce can be complicated, it is understandable that this area can be a common point of arguments, stress and confusion. California residents may need to fight for certain assets and take extra steps to ensure that particular funds are divided.

Property division process: Should keeping the home be a goal?

Making decisions regarding how a divorcing couple should divvy up their assets can be complex. It is not unusual for individuals to have attachments to certain items and feel the need to negotiate harder for those particular pieces of property. However, California residents may wish to consider how the outcomes of the property division process could impact their futures before staying set on obtaining a certain asset.

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