If you’re getting married, then you should think about how California’s community property rules will affect you, and whether there’s a better way for you to promote your financial goals. You may have heard that after seven years together, Harrison Ford and Calista Flockhart confirmed they’re getting married, and I can’t help but wonder-will there be a prenup? Thinking back to another famous Hollywood marriage, the Tom Cruise-Katie Holmes prenuptial agreement reportedly provides Holmes from between $3 to $33 million per year, according to MSNBC. Continue Reading
If your California divorce decree says that you or your former spouse will give up the right to the other’s pension, is it ever possible for that spouse to be paid the benefits anyway? San Diego divorcées and soon to be ex-spouses alike should pay attention, because earlier this year the United States Supreme Court ruled on this question in Kennedy v. Plan Administrator for DuPont Savings & Investment Plan. Continue Reading