Protecting your business or professional practice in a North County or Carlsbad divorce can be legally quite complex. How is a professional practice or business ownership interest handled in a divorce? What are the primary issues and how do you protect the ongoing operations and value of your business during this difficult time? The operational aspects of the business should…
Business
Divorces Are More Common in Older Couples
Many people are surprised to learn divorces are more common in older couples than those in their 20s and 30s these days. California couples who are considering a divorce may be more likely to do so after the age of 40 than at any other age. This is based on examining census data from 1960 and 1980 and on data…
How to Handle a Divorce Before Retiring
Are you looking for information about how to handle a divorce before retiring in Carlsbad? Research has debunked the idea that half of all marriages will end in a divorce. However, for those who are over the age of 50, the National Center for Family & Marriage Research at Bowling Green State University reported that the divorce rate has doubled…
Identifying the Value of a Spouse’s Business in a Divorce
What is the process for identifying the value of a spouse’s business in a divorce in North County or Carlsbad? The most important thing you need to know as the spouse of a business owner is this: Your spouse will not have anything to say or do with the actual valuation of that business interest. That will be determined through…
Protecting Substantial Assets in a Carlsbad Divorce
Are you concerned about protecting substantial assets in a Carlsbad divorce? Do you own rental or investment real estate? Do you have substantial savings, investment and or retirement accounts? Are you or your former spouse the owners of a business or a partner in a professional practice? What steps should you take to prepare for divorce and to protect your…
Discussing a Potential Divorce with your Spouse
Discussing a potential divorce with your spouse is one of the most crucial and complex conversations you may ever have. It can also have a tremendous impact on the divorce itself and your own specific goals and objectives. The conversation of a divorce carries a complex array of emotional, spiritual and financial implications. It will impact the every aspect of…
Is Business an Asset or Income During a Divorce?
Is business an asset or income during a divorce in North County or North County San Diego? How do you disclose business ownership and what are the issues for each of the former spouses? A business or professional practice is absolutely an asset during a divorce. California is a community property state and all community property must be divided evenly. …
What Happens When a Former Spouse Attempts to Hide Assets During a Divorce?
What happens when a former spouse attempts to hide assets during a divorce in Carlsbad, Encinitas, Oceanside or anywhere in Carlsbad? One of the first steps the parties take in a divorce is to submit disclosures which identify all debts and assets. This includes, but is not limited to: The family home and other real estate Bank and investment accounts…
You are the Most Important Part of Your Divorce Case
It might surprise you to learn that you are the most important part of your divorce case. You know your former spouse much better than your attorney ever will. You know a lot more about all bank and investment accounts and liabilities and have access to important financial statements and information. You actually hold the keys to keeping the costs…