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June 2017 Archives

An introduction to tax consequences of divorce in California

When Californians face the prospect of a divorce, their attention is usually fixed on child custody, child support, alimony and the division of marital assets. One issue that may not receive attention until it's too late is the tax implications of a divorce. This post will provide an introduction to some of the income tax consequences of divorce.

Understanding business valuations in a California divorce

One of the most complex problems faced by divorcing couples in California is the valuation of businesses owned by either or both spouses. California's community property rules require an equal division of all assets acquired during the marriage, but making this determination when an asset is an operating business can be difficult. Even if a couple is attempting to negotiate their property division, a competent business valuation can provide crucial assistance.

The basics of child custody and visitation in California

When contemplating a divorce, many Californians worry most about which spouse will be awarded physical custody of their children and what arrangements will the court order for visitation by the non-custodial parent. While the final decision on these issues will be made by the judge, the parents can play an important role in resolving issues of child custody and visitation.

Risky Business: Divorce Law And Your RSUs

Our firm recently published a SlideShare discussing how California divorce law can leave your restricted stock units (RSUs) at risk. Learn how California law is different from the majority of states and how its vague rules of property division create unpredictability when considering RSUs during the division of property.

How difficult is it to split a pension in a California divorce?

Aside from the family home, retirement accounts are commonly considered one of the most valuable assets an individual can own. With so much on the line, it's no wonder dividing a pension often results in contentious disputes during divorce proceedings.

Shared parenting may be best option for children after divorce

Many California couples who are considering ending their marriage wonder about how best to plan for their children after the divorce. Should one parent have physical custody with regular visitation by the other parent? How does a joint parenting plan work out for the children? Several recent studies, including one in California, appear to indicate that joint parenting plans work better than virtually all other options.

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