Marital or community property is defined as all property, real or personal, wherever situated, acquired by a married person during the marriage while domiciled in this state is community property. (Family Code §760). Separate property is defined as (1) All property owned by the person before marriage; (2) All property acquired by the person after […]
Asset and Property Issues
Podcast: Rosanne DeTorres on Financial Issues Related to Divorce
Rosanne DeTorres, an Attorney from New Jersey, explores the financial aspects of divorce, including equitable distribution of assets and debts.
Podcast: Brian Loughmiller on Alternative Methods to Traditional Divorce
Brian Loughmiller, an Experienced Family Lawyer from Texas, explains the available alternatives to divorce litigation in Texas.
My spouse and I owned businesses for many years…
My spouse and I owned businesses for many years, but I’ve not been involved in the businesses. How so I make sure that I get my fair share as we go through our divorce?
Can a divorce be finalized even of they haven’t completely separated all their properties?
Can a divorce be finalized even of they haven’t completely separated all their properties? For instance, if the house hasn’t sold, can you still finalize the divorce?
Do both spouses have equal rights to being in the house?
They are both equal occupants with equal rights in that piece of real estate and everybody is entitled to have a roof over their heads. If there’s only one roof, then the spouses have to learn how to uncomfortably co-exist under that one roof while the divorce is pending. I find, as a matter of […]
In cases involving an extramarital affair, is there any remedy for what money might have been spent as a result of that affair?
In cases involving an extramarital affair, is there any remedy for what money might have been spent as a result of that affair? Can the innocent spouse get some of the money back?
Is there a consequence if somebody doesn’t disclose assets and they are found out as not having disclosed those assets?
Absolutely, and they can be quite severe under California law. For the most part, California is what is called a no-fault state. The court isn’t going to spend a lot of time asking why the parties are going to get divorced. They are just going to accept the representation that the marriage is at an […]
What happens in the case where one spouse thinks that the other spouse is hiding assets, what can be done about it?
Well, that doubt is not misplaced. Unfortunately, there are lots of folks who, once they go through a divorce, invest a lot of time and energy in trying to conceal information. In fact, it is a problem that is so severe and so significant that, here in California, our legislature has actually enacted very, very […]
What happens when one spouse has been the stay-at-home spouse and the other one has been out working…
What happens when one spouse has been the stay-at-home spouse and the other one has been out working, and the one that’s working feels they shouldn’t have to give half of their assets to their spouse. Is there anything they can do about that?
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