Are Personal Injury Settlements Community or Separate Property in California?
Long before you decided to get a divorce, you were involved in a car accident. Another driver was to blame, so you filed a personal injury lawsuit for damages. After months of negotiations, you agreed to avoid court and settle the matter privately. You accepted a personal injury settlement for $50,000. Fast forward to today, and you’re in the middle of a contested divorce. You and your spouse can’t agree on…
Read MoreIs My Spouse Entitled to My Inheritance When We Get Divorced?
One of the most trying aspects of divorce often involves figuring out how to divide and allocate marital assets. Before you can begin to discuss how assets are divided, you have to identify which assets must be allocated. In California, property is classified as either community property or separate property. Community property must be shared equally, while separate property is retained entirely by each spouse. What happens when you receive…
Read MoreHow a New California Law May Affect Your Pets in a Divorce
Divorce is tough on everyone involved – including family pets. To many, pets are like children. However, pets do not get the same treatment as kids in a divorce. Rather, pets are typically considered to be personal property in the eyes of the law. As a result, figuring out who gets the pets after a divorce is an issue that must be hashed out in property division discussions. In some…
Read MoreHow Can Spouses Divide Property in a Divorce?
Divorce can be difficult for anyone. When you’re a celebrity and are worth millions of dollars, navigating a split can be even more complicated. Seven months after initially filing for divorce, actress Julie Bowen and her husband seem to have agreed on how their assets will be divided. According to reports, the couple will split the 25.3 million dollar estate right down the middle. Bowen will receive $13 million and…
Read MoreDo I Have to Sell My Home in a California Divorce?
Dividing marital property can be one of the most challenging aspects of the divorce process. Figuring out what to do with the family home is perhaps the biggest challenge of all. You may find that you want to keep the family home, but your spouse would rather sell it. Do you have to sell the family home if you’re getting a divorce in California? Not necessarily. While selling may be…
Read MorePreparing to Divide Your Marital Assets
When you get a divorce you will be required to make a lot of decisions. You’ll have to decide on a custody arrangement for your children. You’ll have to determine if you or your spouse will receive alimony after the split. Perhaps the most difficult decisions you will have to make will concern the division and assignment of your marital property. When you get divorced you and your spouse will…
Read MoreGeorgina Chapman Still Silent About Future Divorce From Harvey Weinstein
It has been more than two months since accusations of sexual assault and harassment against Harvey Weinstein began to surface. Since the initial accuser stepped forward, nearly 100 women, including some of the most famous actresses in the country, have accused the Hollywood producer of some kind of sexual misconduct. Some of these allegations involve incidents of minor harassment, while others paint a darker picture involving forcible rape. Georgina Chapman,…
Read MoreTransmutation Agreements in California
When you divorce in California you may wonder what happens to your property. Who gets the house? What about the car? Can you keep your entire baseball card collection that may be worth hundreds of dollars, or will you have to split that with your soon-to-be ex-spouse? The answer is that it depends. Status of Marital Property in California California is what is called a community property state. This means…
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