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January 2015 Archives

Prenuptial agreement can protect one's assets during divorce

An improvement in the U.S. economy has led to higher property values and increased salaries, which have led to a larger number of prenuptial agreements. Although people in California and other states typically enter into marriage with the hopes of staying together for the long haul, life does not always work out as planned. Planning for divorce before getting married can help a person to protect his or her assets.

Asset and property division often an area of conflict in divorce

Divorce isn't always easy for people in California, as people are forced to juggle the emotional weight of the divorce along with the financial stresses associated with it. Communication and trust are usually low, which only makes the situation worse. Taking steps to ensure that a future ex is not illegally hiding assets will help a person to protect himself or herself financially when dealing with asset and property division during divorce.

Divorce involving child custody can have positive results

A divorce can emotionally be tough to accept for the two parties who have decided to split up, but it can also be hard for the children involved to embrace. This is particularly the case in a California divorce where both parents do not see eye-to-eye on how child custody should be addressed. A willingness on the part of both parents to focus on what is best for the children may make the scenario easier for the entire family to handle.

Divorce in California can offer multiple benefits

Divorce is often viewed as an emotionally distressing experience due to the conflict that often arises between two future exes. It might also be financially challenging, particularly when one is fearful of losing certain valuable marital assets or property. Still, appropriate legal guidance in California may help a person to complete the divorce process in as smooth a way as possible and thus more easily experience the benefits of getting divorced.

Divorce can pose financial challenges in California

A divorce may give a person the freedom he or she desires to pursue other more fulfilling romantic relationships, but it can also lead to financial duress. This is because, when a family's wealth is divided in half between the two divorcing parties, each party may feel as though he or she has to start all over financially. A few tips may help those going through a divorce in California to protect themselves from a monetary point of view.