It once was the case that a jointly-owned house was a divorcing couple’s largest asset. However, in this poor economy, many divorcing couples find themselves with homes that are “upside-down,” worth less than amount owed on the mortgage. Upside-down property can be one of the most difficult assets to handle in a divorce.
When a divorcing couple owns a house worth MORE than the mortgage, one of two things usually happen: Continue Reading
When a couple divorces, one spouse is often required to pay money to support the children (child support) and/or the other spouse (spousal support or alimony). Unfortunately, getting an award for support and collecting it are two different things entirely.
It’s up to the spouse receiving the money to make sure that the money is being paid and to take action if it is not. Courts in California will not step in automatically. If your ex-spouse isn’t paying, then you or your attorney can ask the court to deduct support payments from their paycheck; this is called “wage garnishment.” Continue Reading
People living in California are well aware of the ongoing controversy surrounding Proposition 8, the ballot measure seeking to ban gay marriage, which was passed in 2008 and subsequently upheld by the California Supreme Court. However, in August 2010, a federal judge ruled that Proposition 8 violates the U.S. Constitution’s guarantees of due process and equal protection. The controversy is likely to go on for some time, as the case is expected to reach the United States Supreme Court.
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It was recently reported that former San Diego Chargers cornerback Antonio Cromartie was $25,000 behind on child support obligations. One of the mothers of Cromartie’s children filed a document with the court that prevented him from selling any property without first being current on his child support. Cromartie has since caught up on his obligations after being traded to the New York Jets and receiving a $500,000 advance on his contract.
It is now more expensive than ever to raise a child. The cost of raising a child from birth to the age of 18 is estimated to range from $180,000-$250,000. As a child gets older, the expenses rise. Older children are often involved in extra-curricular activities like music, dance, or sports. If parents wish to pay for a child’s college education, this can easily add another $50,000 in expenses. Continue Reading
Do you know who’s looking at your Facebook page? Most people know that potential employers often check out your Facebook or MySpace profile before hiring you. But, this is also an important consideration if you’re going through a divorce. Your social media accounts (such as Facebook, MySpace, Twitter, YouTube, or LinkedIn) could contain a mountain of evidence that your soon-to-be ex spouse might use against you in court.
The use of online evidence in divorce cases has become so common that Time magazine recently featured an article about Facebook and divorce. It has been reported by the American Academy of Matrimonial Lawyers that over the last five years, 81% of its divorce attorneys have dealt with evidence obtained from social networking websites. When someone is going through a divorce, these websites can serve as an outlet to express their feelings of anger, hurt, or disappointment. But sometimes, a person’s online posts may come back to haunt them. Continue Reading
The division of assets and debts in a California divorce depends on their character. Giving assets and debts a “character” sounds quite odd. But how assets and debts are labeled ultimately determines who gets to keep what, and who is responsible for what.
Under California Family Code section 910 the community (meaning both spouses) is liable for all debts incurred during the marriage and prior to separation. It does not matter whether the debt was incurred by one spouse for his or her own benefit or for the family. It also doesn’t matter whose name appears on the bill or the credit card statements. If the debt was incurred during the marriage and before separation, it is a community debt and both spouses are equally liable. Debt incurred after separation may be either community or separate debt, depending on the circumstances. Continue Reading
The idea that a husband should financially support his ex-wife in the form of monthly alimony payments after a divorce has remained a tenet in divorce law throughout the United States and in California. According to the U.S. Census Bureau, in 2009, men accounted for 97% of alimony. Alternatively, the idea that a dissolution order wherein both parties waive any right to past, present, or future alimony is FINAL has been perceived as an absolute in divorce law. Yet, both of these concepts are being challenged as the recession has given rise to greater numbers of unemployment and has depleted retirement and saving accounts. According to statistics gathered by the American Academy of Matrimonial Lawyers, there has been a “spike” in clients seeking modification of their alimony obligations and attempts to rewrite divorce agreements.
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Let’s say that a husband works full-time to support his wife while she goes to medical school. The couple’s joint money is used to pay for the wife’s medical school, but not long after the wife becomes a doctor, the two decide to divorce. Since the money used to pay for the wife’s education was community property (usually property is “community” if it was earned while married), should the wife pay this money back to the community estate upon divorce?
Many married couples in California have spent a lot of money on one spouse’s education. Despite the steep price of an education, many couples feel it’s worth the cost because of the potential financial benefits they’ll both share down the road. But what if there’s a divorce? Continue Reading
The road toward getting your California divorce judgment probably felt long and rough at times. You worked hard to protect your family and financial interests during the divorce, and now you need to do the same after the divorce. While not quite “deadly sins,” it’s still essential that you avoid these post-divorce mistakes before any damage is done. You may want to ask yourself, are you guilty of any of the following? Continue Reading
Divorces in San Diego and throughout California can’t become final until at least six months after a spouse is served with divorce papers. Usually, a divorce will take longer than this minimum waiting period. Many steps need to be taken during the transition to protect your family, business, and finances.
For divorcing spouses who have kids, a Divorcesupport.com blog provides advice on how to best meet your children’s emotional needs during a divorce. It cautions that you shouldn’t be the only one providing your kids with emotional support. When family and friends aren’t enough, then look for counseling options. You’re also encouraged to get emotional support for yourself, such as through a local support group, family, and friends. Continue Reading
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