You may be no stranger to a prenuptial agreement. This legal document serves to eliminate a lot of the conflict in the event of a divorce by deciding on matters, such as property division, before the marriage takes place.
However, you cannot prepare for everything before marriage. Many concerns and circumstances do not become evident until many years after the wedding. This is where a postnuptial agreement comes in handy.
Some assets are fairly simple to divide during divorce, like selling your car and splitting the profits. If you are dividing more complex assets such as stock options, you face unique challenges. Stock options that cannot be sold off to a third party or do not have a fair market value can be particularly confusing to divide.
If you are going through a California divorce and dividing stock options, keep reading to learn what you can expect.
When you and your spouse divorce in California, you must find a way to divide all your properties equally, or else the court does it for you. Real estate can be tricky to split, and your vacation home may come with even more challenges.
Is it marital or separate property?
Negotiating the details of a divorce is likely to be stressful, but certain factors can make it even more difficult than necessary. Any disputes regarding the residence of each partner may cause discord and contention, but your living situation should be afforded careful thought before any major decisions are made. While moving out may seem like the best option, there are several potential consequences you might not expect. Consider the following four things that could happen if you move out.
A common adage is that half of all marriages end in divorce. That is actually not quite true. The divorce rate in the United States is actually the lowest it has been in decades, according to a report in Time Magazine.
However, many couples still deal with divorce eventually. While it can be a daunting proposition to go through with divorcing a spouse, it is important to remember that if someone is going to go through with it, it requires adequate foresight. Both spouses need to collect financial records, they need to make other living arrangements, and they should consider filing at the best time of year for divorce: January.
Co-parenting is one of the most promising of emerging trends for parents who are looking to do what is best for their kids after a divorce. If you want to avoid the tension and stress that so often accompanies custody disputes, it may be the best option for your family. This can be complicated, however, if one parent moves away and no longer lives in close proximity to the children. If you are attempting to balance long distance co-parenting, the following tips may be helpful.
Throwing a party is a trend for those recently divorced. What the party looks like depends on what the divorce looked like. Those who ended on friendly terms tend to have a tasteful get-together to express that they still have respect and consideration for each other and want their loved ones to as well. Those who had high-conflict divorces use the party as an opportunity to figuratively seek revenge on their ex through means such as burning belongings and gifts. Consider the following pros and cons as you decide if you want to have a divorce party.
You've made the decision to file for divorce. Now, when should you do it? You should consider a few issues before you decide when to file for divorce to protect yourself and your loved ones. Below is a list of what to consider and when it is the most beneficial time to file for divorce depending on your circumstances.
Child custody issues
Child custody is a serious issue and continues to complicate the divorce process. Waiting until the kids are older may be beneficial if you are worried about how they will handle the split. However, staying together just for your children may do more harm than good so it is best to consider how delaying the divorce will affect your children.
While the holiday season can be great for family time, it is also bound to introduce some stresses for divorced parents and their children.
For example, what if your ex lives across the country and wants your child to stay two extra days? Or, what if you want to spend holidays with your children, but your ex has them that day? Here are a few tips to help you get through the holidays as a divorced parent.
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