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Property Division Archives

Why can the property division process seem unfair?

Divorce is never something to which one aspires, but sometimes it is needed. No matter how difficult and emotional the process might be, many California couples decide to go through the process in hopes of having a happy and fulfilling life post-divorce. But in order to get from point A to point B, divorcing couples need to tackle several major issues. One of the most challenging of these is the property division. Heated disputes often arise during this phase, causing some spouses to think they will leave the relationship with an unfair share of the marital assets.

Helping clients overcome the pitfalls of property division

Many concerns follow a divorce filing. Spouses oftentimes try to cope with the idea that they will have to transition from a married life to a single life. This sparks many questions about how this life will look and which items from his or her married life will carry over with them to this newly formed single life. Thus, property division is often a closely looked at phase during marriage dissolution, causing many couples to get into heated disputes.

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.

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.

5 assets you might not have considered with your divorce

If you're currently going through a divorce, you're probably quickly learning an important lesson: property division is not an easy process. This part of a divorce requires you to make an exhaustive inventory of all your assets -- as well as your debts -- so that you and your soon-to-be ex-spouse can take your fair share of the community property.

Pincus divorce to focus on prenuptial agreement, stock ownership

Mark Pincus may not be an immediately recognizable name, but he owns portions of two companies whose names are household words: Twitter and Facebook. He also owns 10 percent of Zynga, a successful video game publisher. His wife Alison has recently announced that she is seeking a divorce and that she intends to challenge the validity of the couple's prenuptial agreement to obtain a more favorable property division than the agreement would give her.

Divorce tax implications: filing status and children

The income tax filing deadline is fast approaching. For those Tiburon, California, residents who are in the throes of a divorce, or have recently been divorced, tax season often brings a host of uncertainties. Two common questions are whether a divorcing or recently divorced couple can file a joint return, and which parent can claim a child as a dependent.

What are the tax implications of selling the house in a divorce?

Given the high prices of real estate in the Bay Area, it is not surprising that when Marin County couples divorce, their family home is often one of their most valuable assets. If the parties agree to sell the home in connection with the divorce, it is important to keep certain capital gains tax implications in mind.

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