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Monthly Archives: March 2019
What happens to a business in a divorce
When a business owner gets a divorce, the asset division process can get complicated. However, there are several ways a California company could be addressed in a divorce. The most popular option for one spouse to keep the business. This usually involves one spouse buying…
Cryptocurrencies increasingly becoming an issue in divorces
For many California spouses going through a divorce, one of the most difficult and contentious issues is the division of assets. This process is becoming even more complicated thanks to the growing use of cryptocurrency. The main problems involving cryptocurrency as it relates to divorce…
Claiming dependents after a divorce
California residents should expect for their tax returns to be scrutinized by the Internal Revenue Service if they claim a dependent who is also claimed by another filer. This can occur in situations in which separated or divorced parents both want to get dependent-related tax…
Divorced firefighters and parental scheduling conflicts
You got married just as you started your training to become a firefighter. Your wife was very supportive of it at the time. You went on to get a full-time job in Fullerton, where you love what you do. You and your wife had kids,…
Divorce for older adults influences retirement planning
These days, divorces among people over age 50 in California are not uncommon. Although older adults might be beyond concerns about how the end of a marriage affects young children, financial issues require extra attention. Retirement savings will likely be divided between departing spouses, which…
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