How will a CalSTRS retirement account be divided in a San Diego divorce? Teachers have a unique retirement plan here in California known as the State Teachers Retirement System or CalSTRS. What happens when one (or both) of the spouses is a teacher during a divorce? Generally speaking, retirement accounts which were established or contributed to during the course of…
Retirement
High Asset Divorces in Carlsbad Require Strategic Planning
High asset divorces in Carlsbad require strategic planning to ensure a fair result. Financially substantive individuals who are considering a divorce should seek the advice of our well established, experienced and proven Certified Family Law Specialists who can provide sound counsel and guidance. The experienced divorce attorneys at Burke & Domercq help to protect our client’s interests in high asset divorces…
Steps To Take Immediately After Your San Diego Divorce is Final
You need to create a list of steps to take immediately after your San Diego divorce is final. It is important to note, the temporary restraining orders issued by the Court contain specific instructions about your fiduciary duties during the divorce. However, once the Judge in your case has issued the final divorce decree in your case it is in…
Assets Which Are Frequently Missed or Inaccurate During a Divorce Disclosure
What are a few of the assets which are frequently missed or inaccurate during a divorce disclosure? Why is it important to ensure attention to detail when completing financial disclosures during a divorce? One of the first tasks one must complete at the outset of a Carlsbad or San Diego divorce is the disclosure of all known assets and debts. …
Can You Modify Spousal Support When You Retire?
Can you modify spousal support when you retire in Carlsbad or San Diego? When long-term spousal support is ordered in a divorce case here in the San Diego area, it is usually based on a higher earner supporting a former spouse with less earning ability. While it is less common these days, long-term spousal support is usually ordered when the…
Inside Divorce Tips for Those Considering the End of Their Marriage
What are some inside divorce tips for those considering the end of their marriage? You’ve probably been thinking about things for quite a while. You’re concerned about the impact a divorce will have upon you, your children and your circle of family and friends. You will need some practical inside divorce tips to help you to get prepared while avoiding…
How is a CALSTRS Retirement Account Divided In a San Diego Divorce
How is a CALSTRS retirement account divided in a San Diego divorce? The California State Teachers Retirement System (CALSTRS) provides retirement, disability and survivor benefits for California teachers and their spouses and children. CALSTRS manages pension funds for school districts, community colleges, regional occupational programs and other offices of education. With over 800,000 members CALSTRS is considered to be one…
Things To Consider in a San Diego Gray Divorce
What are some of the things to consider in a San Diego gray divorce? While the divorce rate among many age groups has dropped here in California and across the nation, it has nearly doubled for those above 50. These cases often referred to as “gray divorce” often involve marriages which have lasted 20 years or more. These cases also…
Protect Your Finances During Your Divorce
One of the most common issues which leads to divorce in San Diego is financial trouble. It is important to protect your finances during your divorce to help re-establish your credit and financial footing. The financial impact after a divorce can affect your personal finances well into the future. Most people make their spouse the beneficiary on any life insurance…
Property Division Challenges in a San Diego Divorce
There are often many property division challenges in a San Diego divorce. This is especially true when the former spouses have substantial assets or one of them owns their own business. What are some of the most complex issues to resolve during the community property division process? Retirement Assets One of the most common financial issues in a divorce is…