Divorce

MARITAL PROPERTY: The Difference Between Joint Tenancy and Community Property

What is the most favorable title between spouses? Joint tenancy and community property have much in common but there are some notable differences.   Joint Tenancy Joint tenancy is a type of co-ownership where two or more people, oftentimes spouses, individually own an undivided whole of the property and together are regarded as a single…

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Why You Should Finalize Your Divorce in 2018

If you are going through the divorce process, timing may be an important factor for your pocketbook. New tax laws concerning divorce have been recently enacted. Read on to learn how these new laws could impact you. Alimony tax laws will undergo noteworthy changes on January 1, 2019. Under present codes, alimony is deductible for the…

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Psychological Impacts on Children going through a Divorce

It is imperative to understand that each divorce situation is unique. The causes and impacts are divergent by cases and that includes the effects on children. The emotional impacts that children experience vary from age. For instance, younger children may be affected differently than say a teenager. Teenagers may be more prone to lashing out…

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How to Approach Social Media During Divorce?

Social media allows people to share their lives and feelings to a public space. It also has functions that enable users to meet new people or search for a romantic partner. On the other hand, your social media activity can turn into an allegation in your marriage and be held against you. This is because…

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Family Heirlooms and Divorce

Family heirlooms, which include antiques, photos, jewelry, or other collectibles, can be at the center of attention during divorce. The following tips can be used in order to facilitate the legal rights surrounding valuable items. 1. Personal Property v. Marital Assets Anything acquired before marriage is considered personal property, while anything acquired after marriage is…

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Explaining Shared Custody to your Children

Shared custody between parents occurs when a judge allows guardianship and care for a child to both divorcing parents. Shared custody can be distinguished either by shared legal custody -such as religion or academics- and shared physical custody -which is how the child divides his time between both parents’ homes. Once the shared custody has…

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Adding Virtual Currency to Divorces

Divorces are infamous for being complex when it comes to defining which asset should be divided to which partner. Virtual currencies, such as Bitcoin or Litecoin, pose an increase in complexity when calculating their worth and deciding how to divide them between each party. In addition, the lack of paper trails when using the currency…

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Assets and Debts Division At Divorce

Under California’s community property laws, assets and debts spouses acquire during marriage belong equally to both of them, and they must divide them equally in divorce and each spouse keeps his or her separate property. California law defines community property as any asset acquired during marriage. Separate property is defined as anything acquired by a spouse before the marriage, during the marriage…

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How Common Is Divorce And What Are The Reasons?

In the United States alone, research has shown that 40-50% of first marriages will end in divorce or permanent separation. The risk of divorce for second marriages is even higher at 60%. Although divorce has always been common in American society, divorce has become more common over the last 50 years, and the divorce rate…

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Missing Spouse Divorce

Sometimes, at the end of a marriage, one spouse moves out of the house, never to be seen again. When this happens, can a divorce still be granted? Divorces are a form of lawsuits. In order to complete a lawsuit in California, the other party must be provided legal notice of the proceedings through a…

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