Is your marriage coming to an end because of a midlife crisis?
Gray divorce is a relatively new term. This type of divorce, where individuals over the age of 50 decide to end their marriages, has become increasingly common in recent years. In fact, couples between the ages of 55 and 64 have a higher divorce rate than any other age group. While many factors may contribute to a […]
Are you responsible for your spouse’s debts in a divorce?
When starting the divorce process, couples primarily consider how to divide their assets. However, they must also address how the law determines who is responsible for debts. This process can be remarkably complicated depending on the couple’s financial situation. Debt types and amounts also contribute to the complexity of the case. California is a community […]
Should you sell your home before or after you divorce?
You and your soon-to-be-ex-spouse agree to sell your marital home in California, but you do not know whether to sell it before you divorce or after. What factors should you consider? American Home Agents explores selling your marital real estate property from both sides. Know which time frame may serve you and your future most favorably. […]
Valuing Private Equity Interests in Divorce
Valuing private equity interests can be challenging even in the best of circumstances. Problems compound when the valuation is required in a divorce setting. Fundamentally speaking, private equity is capital invested in a company or other entity that is not publicly listed or traded. Typically, private company interests can include any or all of the […]
Why your family may want to try out nesting after divorce
If you feel like you or your children might not be ready for all the life changes that will come out of finalizing your divorce, there is a way you can try and slow down the process. Keeping your marital home and living in it a little while longer might help create a sense of […]
4 Signs that a spouse is hiding assets during divorce
Unfortunately, spouses hiding marital assets when divorce is on the horizon is all too common. Whether it’s because they wish to get revenge, fear they won’t have enough money after the divorce or are just particularly greedy, hiding assets can be incredibly easy to do. Particularly if one spouse handles the finances and the other […]
3 reasons empty nest syndrome may lead to divorce
If you are over 50, you may have spent much of your adult life as a husband or wife. Still, while divorce rates for other age groups have been on the decline in recent years, they are on the rise for older couples. If your children have grown and left the home, you may be at increased […]
15 ‘Habits’ of People Who Witnessed ‘Messy’ Divorces Growing Up
Divorce can be difficult, complicated, and in a lot of cases, “messy.” In her book, “Yes Please,” comedian Amy Poehler used the following analogy to describe her divorce: Imagine spreading everything you care about on a blanket and then tossing the whole thing up in the air. The process of divorce is about loading that […]
Prenuptial agreements that stick in court
Let’s be blunt: If you own property or significant financial assets, would you go into a new marriage without some concern about losing it all in divorce? Nobody plans to get divorced, but the unhappy fact is that about 50 percent of all first marriages end up that way; and about 70 percent of second […]
Court concludes that vested stock options are income
The 1st District Court of Appeal overturned previous rulings in a child support modification case brought by a man whose income placed him among top earners in California. The original decision excluded his stock options from income and granted an exemption to Family Code Section 4057(b)(3). That section normally directs courts to base child support […]