A frustrating but mandatory part of the divorce process in California is completing financial disclosure forms. One of these forms is the Income and Expense Declaration (FL-150), which requires both the Petitioner and Respondent to detail their earnings and spending. ...
The topic of who gets inheritance money after a divorce is normally straightforward, as inheritance money and/or property gifted to one person in a marriage is considered that person’s separate property and is not subject to division under the community property laws...
CThere is no simple way to explain what assets and debts you should be working on dividing and resolving any disputes about in a divorce case. Keep in mind that any community property assets and debts are usually divided equally between marital parties or domestic...
While the overall divorce rate has dropped nominally over the past two decades, the incidence of divorce among couples over the age of 50 has nearly doubled. Unlike their younger counterparts, people getting divorced after 50 are more likely to have been married for...
You and your spouse have decided to get divorced and are at the stage where you’re beginning to divide the property you own together. It is natural to wonder who gets the wedding ring. The wedding and engagement rings are not only a significant asset in many...
If your second marriage appears to be ending, you may be feeling responsible, as though you’re the common denominator in both divorces. The truth of the matter is that second marriages are more likely to fail in general. It’s estimated that approximately...
