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Divorce may cause financial turmoil in California

On Behalf of Cullen Family Law Group | Nov 4, 2014 | Divorce |

One of the biggest concerns on the minds of people in California during a divorce is how financially desolate they will be once the divorce has been completed. Divorce unfortunately can often be a financially painful experience. However, a few tips can help people to keep their divorce proceedings from being more expensive than necessary.

First, it is wise to create a new budget that reflects one’s new level of household income — one based on one paycheck rather than two. In addition, during the divorce, it is wise to carefully assess which belongings and assets one wishes to keep following the divorce. Keeping the family house may not be in people’s best interest if maintaining the house will be too costly for each to do on is or her own. However, it may be a good idea if there’s a chance the house is valued high enough that one could profitably sell it in the future.

It is additionally beneficial for people to know their credit scores. If one person was the family’s primary breadwinner, there’s a good chance his or her credit score is better than the other party’s. Building or repairing credit history involves getting rid of debt, particularly credit card debt. It is also important to make steady payments. If two divorcing individuals have shared credit cards, it is important to track these cards to make sure one party isn’t racking up debt that both parties will ultimately be responsible for.

Getting a divorce can be an emotional and confusing experience. However, proper legal guidance can help people to make informed decisions that will financially benefit them in the long run. It is within the rights of a divorcing individual in California to fight for his or her fair share of assets and strive to protect his or her best interests.

Source: The Washington Post, “5 ways to keep a divorce from being needlessly expensive“, Jonnelle Marte, Oct. 31, 2014

I’ve been served divorce papers that include false allegations: what do I do?

On Behalf of Cullen Family Law Group | Jun 6, 2025 | Domestic Violence

Receiving divorce papers is already overwhelming. When false allegations are part of the paperwork, the situation can feel even more difficult. It’s essential to stay calm and know how to address the issue. Here’s what to do if you receive divorce papers containing...

Do domestic partnerships affect divorce rights?

On Behalf of Cullen Family Law Group | Apr 14, 2025 | Divorce

Domestic partnerships offer many of the same rights and responsibilities as marriage, but they can complicate the divorce process. If you're ending a domestic partnership, your legal path may differ from that of a traditional divorce, especially in California....

Moore / Marsden calculations in California divorce

On Behalf of Cullen Family Law Group | Apr 10, 2025 | Divorce

In California, Moore/Marsden calculations determine how to divide property when one spouse’s separate property has contributed to the acquisition or improvement of community property. These calculations ensure a fair division of property in divorce cases, particularly...

How can you document SP for asset protection?

On Behalf of Cullen Family Law Group | Apr 3, 2025 | Family Law

When you're about to get married, it's important to think about how to protect your assets, including spousal support (SP) money. If you've received spousal support in the past or expect it during your marriage, you may worry about documenting its use—especially if...

What to expect during child support enforcement actions

On Behalf of Cullen Family Law Group | Mar 23, 2025 | Child Support

Child support represents the financial contributions a non-custodial parent makes towards their child's upbringing. It ensures a parent meets the child's basic needs, such as food, housing, and education. It also supports a child's wellbeing, especially when parents...

Can you reimburse expenses before child support orders take effect?

On Behalf of Cullen Family Law Group | Mar 17, 2025 | Child Support

After a separation, managing child-related expenses can become a challenging task, especially before any official child support orders take effect. Many parents wonder if they can reimburse child expenses during this interim period. Understanding your rights and...

Do mothers have more rights than fathers in custody cases?

On Behalf of Cullen Family Law Group | Mar 11, 2025 | Custody & Visitation

When it comes to custody cases, it is a common misconception that mothers have more rights than fathers. This often stems from historical trends and societal assumptions about parenting roles. Whether you are a mother concerned about maintaining your relationship with...

Why should you update your advanced directives during a divorce?

On Behalf of Cullen Family Law Group | Feb 28, 2025 | Divorce

Going through a divorce is challenging. One crucial aspect that often gets overlooked is updating your advanced directives. These legal documents play a vital role in ensuring others respect your wishes, even when you cannot speak for yourself. Protecting your...

Can you protect yourself and your children without a divorce?

On Behalf of Cullen Family Law Group | Feb 25, 2025 | Domestic Violence

Domestic violence creates a terrifying and dangerous situation. You may feel trapped, believing divorce is your only option for safety. The good news is that California law provides legal alternatives if your moral beliefs prevent you from getting a divorce. Let us...

What can California parents do if their child refuses to visit the other parent?

On Behalf of Cullen Family Law Group | Feb 14, 2025 | Child Custody

Dealing with a child who does not want to see their other parent can create stress for everyone involved. California courts expect parents to follow custody orders while being sensitive to their children's feelings. Parents can struggle to balance their legal...

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Recent Posts

  • I’ve been served divorce papers that include false allegations: what do I do?
  • Do domestic partnerships affect divorce rights?
  • Moore / Marsden calculations in California divorce
  • How can you document SP for asset protection?

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