What is a Schedule of Assets and Debts?
As part of a divorce, both parties will be required to fill out and file a Schedule of Assets and Debts. Dividing the assets and debts in a marriage can be fairly complicated. One of the best organizing measures you can take to make it easier is to properly fill out your Schedule of Assets and Debts and then, on paper and in court, it will be clear where the…
Read MoreHow Does a Legal Separation Differ from a Divorce?
When couples run into hard times and can no longer work things out, they have a few options. For some couples, divorce is the only option. For others, legal separation meets their immediate needs of physical separation from their spouse without the permanency or ramifications of divorce. A divorce is a permanent dissolution of a marriage. A legal separation is a temporary or permanent separation but does not result in…
Read MoreManaging a Demanding Work Schedule with Joint Custody
Nothing will test your time management skills as co-parenting a child with a demanding work schedule. It is important you exercise your timesharing rights and have to accommodate the other parent’s schedule as well. After agreeing upon a timesharing schedule in your Parenting Plan, the family law courts will enforce it and hold each parent to “making it work”. Not making an effort or not being able to consistently exercise…
Read MoreWill a Significant Raise or Promotion Change My Spousal Support?
In your divorce, spousal support may be ordered if one spouse needs financial assistance to become self-supporting. During the divorce process, the court may order temporary spousal support. The court will determine the amount of temporary support using a standard calculation. This calculation takes into consideration the financial needs of the spouse requesting support. The final support award, however, will be based on a number of factors under California Family…
Read MoreWhy is Our Date of Separation Important?
When you first decide to get a divorce, you may be at the end of a long rope of a weakening relationship. Divorces can take some time while you are working out negotiations, but during this time you may be living separately and beginning your own new lives. Temporary child and spousal support may be ordered during this time and you may be restrained from taking any significant financial actions…
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