Dealing with a family business during divorce
When a married couple decides to divorce, the division of assets, including a family business, becomes pivotal. Valuation, ownership and communication are key factors in navigating this complex process. Ultimately, seeking professional assistance and prioritizing the best interests of the business can help ensure a smoother transition for all parties. Valuation of the business Determining […]
What problems occur more often in a gray divorce?
Gray divorces are becoming more frequent today than ever before. A gray divorce is a term for two older people who decide to divorce later in life. Divorcing later in life is usually because a couple stays together for their children. They wait until their children grow up and then decide to separate. Gray divorces […]
3 considerations in a California gray divorce
Divorces do not bear the same stigma in the U.S. as they did in the past. As a result, they are not as uncommon as before. Gray divorces are also on the rise. However, while they are the same in many ways as other divorces, they also include different considerations. 1. Alimony The court has discretion […]
An inheritance is a good reason to draft a postnuptial agreement
You probably didn’t know enough about your potential inheritance when you get married to worry about protecting it. It is only years into your marriage when your parent passes away that you realize the value of their estate. They left their property for you specifically, not for you to share with your spouse. It is […]
Is your marriage coming to an end because of a midlife crisis?
Gray divorce is a relatively new term. This type of divorce, where individuals over the age of 50 decide to end their marriages, has become increasingly common in recent years. In fact, couples between the ages of 55 and 64 have a higher divorce rate than any other age group. While many factors may contribute to a […]
Are you responsible for your spouse’s debts in a divorce?
When starting the divorce process, couples primarily consider how to divide their assets. However, they must also address how the law determines who is responsible for debts. This process can be remarkably complicated depending on the couple’s financial situation. Debt types and amounts also contribute to the complexity of the case. California is a community […]
Should you sell your home before or after you divorce?
You and your soon-to-be-ex-spouse agree to sell your marital home in California, but you do not know whether to sell it before you divorce or after. What factors should you consider? American Home Agents explores selling your marital real estate property from both sides. Know which time frame may serve you and your future most favorably. […]
Valuing Private Equity Interests in Divorce
Valuing private equity interests can be challenging even in the best of circumstances. Problems compound when the valuation is required in a divorce setting. Fundamentally speaking, private equity is capital invested in a company or other entity that is not publicly listed or traded. Typically, private company interests can include any or all of the […]
Why your family may want to try out nesting after divorce
If you feel like you or your children might not be ready for all the life changes that will come out of finalizing your divorce, there is a way you can try and slow down the process. Keeping your marital home and living in it a little while longer might help create a sense of […]
4 Signs that a spouse is hiding assets during divorce
Unfortunately, spouses hiding marital assets when divorce is on the horizon is all too common. Whether it’s because they wish to get revenge, fear they won’t have enough money after the divorce or are just particularly greedy, hiding assets can be incredibly easy to do. Particularly if one spouse handles the finances and the other […]