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Posts tagged "Divorce"

The importance of the QDRO

California couples who are getting a divorce and who have a retirement account might have to divide that assset, and they may need a Qualified Domestic Relations Order to do it. This document may be something couples sign near the end of a divorce process. However, it should not be rushed through. The process of dividing retirement accounts is complex, and it can be expensive if the QDRO is not fully explained. People may want to consult a certified divorce financial analyst who can help them use the QDRO to expedite the transfer of funds.

Older couples more likely to divorce than in past decades

Baby boomer couples in California might be more likely to get a divorce than people in their age group were in 1990. According to the Pew Research Center, in 1990, five out of every 1,000 people at or older than 50 got a divorce. In 2015, that number was ten. However, despite the large increase since 1990, there has been little change since 2008. People who are at or older than 65 were three times more likely to divorce than couples that were the same age in 1990.

Top situations when a prenuptial agreement could be crucial

Popping the question about creating a prenuptial agreement might be a turn off for many couples in California. However, the legal practicalities of executing such a document could outweigh its unromantic nature. A prenuptial agreement forms a contract that guides the parties if the union dissolves because of divorce, separation, annulment or even death. The document explains how to handle the division of marital property, inherited assets, child support and spousal support.

Determining ownership rights to frozen embryos

In a divorce that takes place in California, property generally stays with its owner. This is true even if that property happens to be a frozen embryo or multiple embryos connected with in vitro fertilization. However, a court must take other factors into account when deciding what is to happen to them. On one side, the law is loathe to force someone to become a parent against his or her will.

Housing options in a divorce

California couples that are ending their marriage should be fully aware of their options when it comes to deciding what to do with the home they once shared. There are a few different courses of action that they can take, but they all involve some important considerations.

Complications during child exchanges

For California parents who are going through a difficult divorce, determining how parenting time and child custody will work can be frustrating, especially when they realize that they may not get everything that they want. After the divorce has been finalized, most custody arrangements will involve routine child exchanges as part of a visitation schedule and parenting plan. In some cases, this can be a tense event.

Keep Electronic Communications Safe From Prying Eyes in a Divorce

Engaging with social media is a popular pastime, but it could become a problem when someone is going through a divorce. Electronic communications, whether texts, tweets, Facebook posts or emails, cannot be erased and should never be considered secure. They can fuel emotions that lead to divorce, and they can also drastically alter the financial settlement of a divorce.

Why child support is essential in California

Single parents can benefit greatly from child support, but there are often more benefits than just financial security for the custodial parents. Many individuals who are single parents are raising kids on just one income. Additionally, people who are single parents tend to have lower levels of education than their peers, so they have fewer opportunities for high paying jobs.

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