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.
Many couples have children without getting married. If the couple later decides to separate, the issue of custody and visitation is not always as clear-cut as it may be for couples who were married.
If you are like many Californians, you and your spouse own a family business. Now that the two of you have decided to divorce, what happens to that business? Given that California is a community property state, do you split it 50-50? Do you continue to run it together after your divorce? Does one of you buy the other out? The answers to all these questions become very complicated very quickly, especially if your business is your biggest asset.
A relatively new term is becoming increasingly common these days: gray divorce. This term refers to couples who divorce in their later years, hence the term gray, as a play on the concept of gray hair that comes later in life.
The divorce rate remains high in the United States, and a primary demographic responsible for those high numbers is baby boomers. When married couples over the age of 50 divorce, it becomes referred to as "gray divorce." According to data compiled by Reuters, divorce attorneys have seen a 61 percent increase in the number of baby boomers filing for divorce in recent years.
It feels good to know you have a solid plan for retirement. At your job, you have taken advantage of every opportunity to contribute to the accounts and other options the company has provided you, and when you leave, you and your spouse will be well off in your golden years.
Minor children are not the only children who can feel confused, lost or caught in the middle when their parents divorce. Adult children, too, can feel quite an effect.
Blended families are the norm these days in California, and they can make for some complicated situations. If you are going through a divorce, one thing you may wonder is whether you can get access to your stepchild once you are divorced.
Even the most amicable of divorces are rarely “pretty,” as both spouses are likely working through grief and the fact that their lives are changing. However, quite a few divorces are not amicable, and in fact, have the potential to turn ugly.
Divorce is a complicated and frustrating process. Discussing your struggles and emotions with people you trust is one way to help you through this hard time. But confiding in close friends over dinner and sharing details with hundreds of acquaintances via social media are two different things.