How are your home assets and debts divided in a Carlsbad divorce? The legal term for these issues is “community property.” Community property is to be divided equally between the parties. While this may sound easy and straight forward, the reality is completely different in many Oceanside, Encinitas and Carlsbad divorce cases. Community property encompasses any asset or obligation which…
Community property
The Cost of a Degree or Professional Certification in a Carlsbad Divorce
How does the cost of a degree or professional certification matter in a Carlsbad or North County divorce? It’s a competitive world, and many people today work to achieve advanced post-graduate degrees and professional licensing or certification. It is not uncommon for one spouse to work to support the other as they pursue their advanced degree or professional license or…
How to Deal with Your House in a Divorce
Are you wondering how to deal with your house in a divorce here in Carlsbad or North County? California residents who are going through a divorce may be concerned how the process of a divorce may impact their mortgage or who gets to keep the marital home. This is a complex emotional and financial decision and it is best to…
Characterization and Division of Community Property in a Divorce
Who is going to get the house in your Carlsbad divorce? What about the living room furniture or the vacation home you have out-of-state? The characterization and division of community property in a divorce is one of the primary issues associated with the completion of any divorce. What is community property? Community property in California refers to all assets, financial…
How is a Business Interest Valued in a North County Divorce?
How is a business interest valued in a North County divorce case? How will the professional practice or business interest itself be handled during community property division? How do you preserve Goodwill and the smooth operations of the business during a divorce? If you are considering a divorce in North County or Carlsbad and either of you or the two…
The Fiduciary Duty of Spouses Going Through a Carlsbad Divorce
What is the fiduciary duty of spouses going through a Carlsbad divorce? What obligation do former spouses have to one another from a financial perspective until the divorce is finalized? If you are considering or going through a divorce in North County or Carlsbad it is important to understand the “fiduciary duty” you owe to your former spouse throughout the…
What is Separate Property in a Carlsbad Divorce?
What is separate property in a Carlsbad divorce? How can our experienced attorneys make a difference in your North County divorce case? California is a community property state when it comes to the division of assets and liabilities at the time of a divorce. This means any asset acquired by either of the parties during the course of the marriage…
What is Community Property in a North County Divorce
What is community property in a North County divorce? California is known as a “Community Property” state in terms of how marital property is characterized and ultimately divided during a North County or Carlsbad divorce. In California, the spouses are entitled to equal and undivided interest in all “marital property.” Community property refers to property you or your spouse obtained…
Proven Business Valuation Strategies in a Carlsbad Divorce
When a North County or Carlsbad divorce involves a closely-held business or substantial ownership in an S-Corporation, C-Corporation, partnership or professional practice the case becomes much more legally complex. The proven business valuation strategies in a Carlsbad divorce and the experience of your attorney will make a substantial difference in the outcome. The issue is the community’s interest in the…
Will I Have to Sell My Business Because of Our Divorce in North County?
A common concern among business owners is how the business itself or a professional practice will be handled in a divorce. You may wonder “Will I have to sell my business because of our divorce?” Business or professional practice valuation and the division of the community property interest in a Carlsbad, Vista or Carlsbad divorce case are very complex legal…