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Posts tagged "High-Asset Divorce"

States matter in the geography of divorce

If you're thinking about entering a state of matrimony, you probably don't care what state you're in. Other than a few details, like jurisdictions that allow people to self-affirm their wedding, states have similar approaches to marriage. This is why federal law allows states to recognize marriages officiated in any other state in the United States.

Do you have to divide your assets in half during divorce?

High-asset divorces can be tricky to handle. You may have many properties, multiple investments, loans, stocks and other assets that all need to be identified and divided in accordance with California's laws. Since California is a community property state, there is a likelihood that your marital assets will be split down the middle. If you're not comfortable with that 50-50 divide, then you and your spouse can discuss dividing your assets in another way.

3 tips for a better high-asset divorce

You have a lot of money invested into your marriage, and it makes sense that you'd be worried about it. California is a community property state so that means that your marital property is likely to be divided right down the middle. If you're the one who has invested the most into the marriage, this can be terrifying and frustrating.

What is the discovery process?

If you are going through a high-asset divorce, there are some things that you can do to make it easier for yourself. The first is to make sure that you exchange information about your assets and debts honestly with your spouse. The second is to make sure they do the same thing for you.

Get help with your high-asset divorce

A high-asset divorce doesn't have to be complicated, but they are usually complex. Working with an attorney who is familiar with a high-asset divorce case and has a track record of positive outcomes for their clients is the key to moving forward and knowing your interests are protected.

50-50 splits and community property: Protect your assets

A high-asset divorce can be troubling at the best of times. You've lived a certain way for many years, and having to consider what it will be like to lose half of your marital assets is devastating. As you know, California is a state that allows for community property division, which means that you and your spouse are more likely to have to split your assets 50-50.