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Posted By Center for Mediated Divorce
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22-Feb-2016
In divorce proceedings, property division also includes retirement accounts. Whether it’s a pension, 401(k), IRA, or stock bonus plan, these can all be included in your divorce property settlement. In order to avoid a tax catastrophe if a mistake is made, it’s important to divide each of these accounts by utilizing a qualified domestic relations order (QDRO). A QDRO determines the ...
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Posted By Center for Mediated Divorce
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1-Feb-2016
The main reason why spousal support is established in California is to assist a supported spouse in continuing their standard of living that they experienced when they were married. However, the ultimate purpose for the spouse is to eventually become financially independent. Prior to administering this type of support, a court will examine the following circumstances: The supported spouse’s ...
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Posted By Center for Mediated Divorce
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14-Jan-2016
Because divorce can be a stressful event for many people, some individuals may try to complete their divorce process as quickly as possible. It is possible that in your current situation, you may want your marriage to be dissolved ASAP. But even though it may be convenient to quickly end your relationship in some situations, the legal divorce process does not allow you to file on a Monday and be ...
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Posted By Center for Mediated Divorce
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28-Dec-2015
One of the questions that many divorcing couples often ask is about their home. In California, our state differentiates between individual property and marital property. The former is the property that belongs solely to one spouse while the latter is all of the assets and properties acquired during the marriage. Your home could be considered separate property under the following conditions: You ...
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Posted By Judy Williams
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14-Jun-2013
You may have noticed that it’s been awhile since I’ve written a blog post. Recently, my focus has been in Texas, where I have really enjoyed spending time with my daughter, son-in-law, and my four grandchildren. What an amazing opportunity I have had to be a part of their daily life the last few years! But life has a way of pulling us back into the arenas we’re meant to follow. ...
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Posted By Judy Williams
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3-Nov-2011
Most people who are thinking about getting a divorce know the various aspects of divorce include division of property, custody arrangements, child support and spousal support. But not everyone is aware the divorce requirements vary state by state. Basically the laws that detail the divorce process are state specific. California is purely a “no-fault” divorce state, which means that ...
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