In the context of divorce, the division of assets becomes a pivotal issue, particularly when one or both spouses own a business. The valuation and equitable division of business interests can be complicated and contentious, given the unique nature of business assets and the various factors that influence their worth.
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Alternatives to Gray Divorce
As couples grow older, some may find themselves contemplating a gray divorce—a term used to describe the separation of couples aged 50 and older. However, divorce isn't the only option for finding peace and satisfaction in your later years.
What Happens to Shared Property and Debt in a Divorce?
When you are married, your own finances, property, and debt and that of your spouse become intertwined to the point that you no longer understand who owns what and who owes what. While you may not see it as a bad thing during the marriage, it can become a problem when you decide to get a divorce.
Life After Divorce
When you finalize your divorce, you may have mixed feelings about it. On the one hand, you might enjoy freedom, closure, and relief. But, on the other hand, you might also be hit by a wave of sadness, fear, and anger.
What Is an Amicable Divorce?
The often-disgruntled path of divorce doesn't always have to involve conflict. For many couples, an amicable divorce offers a less contentious and more respectful way to end a marriage, focusing on mutual agreement and cooperation.
What to Do if You Suspect Your Ex is Putting Your Child at Risk
We understand that co-parenting after a divorce can be a challenging journey. One of the most distressing situations we encounter is when one parent suspects their ex is putting their child at risk. This is a complex and emotionally charged issue, but it's crucial to act promptly to protect your child's well-being.
How a New Child or Marriage May Affect Support
Even after you have gone through a divorce and moved on to a new chapter in your life, the effects of your divorce can still not only follow you into the future but impact how you make major decisions and experience major life events.
My Spouse Is Prolonging the Divorce
Getting a divorce is never easy, especially when your ex is dragging the process out. It can take a toll on your emotional and mental health, as well as your finances. If you need help speeding up the process—or just aren't sure what steps to take next—The Law Office of Steven E. Springer can help.
Dividing Debt in a California Divorce
California’s standing as a community property state means that, unless other arrangements are made via prenuptial or postnuptial agreements, divorcing couples will end up with half of everything they acquired during the marriage. This may include half of the equity in the home, half of the value of its furnishings, and half of those retirement funds.
Considerations in a High Net Worth Divorce
The division of property and other assets is commonly one of the most contentious parts of a divorce. When one or both individuals in the marriage have a high net worth (meaning a significant amount of money and assets), the situation only becomes more complicated with so much at stake.