What Will Happen to My Credit Card Points in a Divorce?
California is a community property state. During a divorce, California’s community property law requires a couple to craft a settlement dividing all assets and debts acquired during the marriage equally. If they are unable to negotiate a fair and equal division with the help of their Los Angeles divorce lawyers in order to sign a settlement agreement, then the matter goes to court and an impartial judge divides the marital…
Read MoreWhat is a Gray Divorce?
While more marriages end in divorce than in the past, there is one age group out-pacing the others. These are the Baby Boomers. Divorce among the fifty-five and up demographic has more than doubled in the past twenty years and remained so ever since. This upward trend has led divorce lawyers to name these divorces and the special considerations that come with them “gray divorces.” What are the Different Needs…
Read MoreHow are Royalties Split During a Divorce?
A royalty is a sum of money paid to another person in exchange for using their property. Royalties may be paid to use a person’s music, art, photography, writing, or patented and copyrighted items. Any item that generates royalties is an asset, as is the income generated. Although the property that produces royalties is intellectual property, royalties are one of many types of assets subject to division in a California…
Read MoreWhat Is the Difference Between a Domestic Partnership and a Same-Sex Marriage?
Over the years, the struggle for gay and lesbian rights has resulted in three ways in which a same-sex couple can gain legal recognition for their relationship: through a civil union, a domestic partnership or a same-sex marriage. While not all same-sex couples in every state can choose from all these options, California provides same-sex couples with two legally recognized unions they can declare. Same-sex couples in California can now…
Read MoreHow Do I Demonstrate Standard of Living in Litigation?
In California divorces, status quo is important. The status quo is the standing of living the two parties to the divorce enjoyed and had grown used to over the course of the marriage. Generally, family law courts will strive to maintain the marital standard of living when they are making a determination on spousal support. For many Californians with significant resources or a high net-worth, the standard of living can…
Read MoreHow Soon Can I Get Spousal Support?
If you and your spouse have decided to separate or divorce, one of you may be planning to move out. While it is common for one spouse to move out after separation, in many cases it presents a financial problem. Where there was once one household being maintained on your family income, there are now two households that have to be paid for. This means that rent, utilities and other…
Read MoreHow Do I Respond to a Petition and Summons?
If you have been served with a petition and summons, you must take action within a certain amount of time. Otherwise, your divorce will be considered uncontested and you may forfeit your rights in the divorce. It is always advisable you either respond in a timely manner or try to reach an agreement over the matters of the divorce with your spouse. If you have been served with divorce papers,…
Read MoreCan I Buy My Teen a Car Without My Spouse’s Approval?
During a divorce, you and your spouse will be restricted in what financial actions you can take by a set of restraining orders. These restraining orders are automatic and temporary, included in the summons and effective with the filing and service of the initial divorce papers. Generally, you will be restricted from making any significant purchases, transferring ownership of any community property, taking out debt, lending money or changing the…
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