You probably didn’t need to come to this web site to know that California has laws compelling parents to financially support their children. The reasons for this are obvious. When parents make the decision to procreate, they are financially responsible for that decision. I think we can all agree that…
Articles Posted in Divorce Finances
What’s the Story with Child Support Add-ons
It was recently reported that actor Jeremy Renner (best known for his lead in 2008’s The Hurt Locker and as Hawkeye in the Avengers movies) is refusing to pay his half of their daughter Ava’s preschool tuition. Jeremy’s ex-wife, Sonnie Pacheco claims that she has asked for Jeremy to pay…
What is a Family Law Tracing?
In Family Law, tracing is the method by which a party proves that funds in a particular account are, or were, used to acquire separate property. Family Code section 760 holds that all property acquired during a marriage, regardless of source, is community property, it can sometimes be a…
Settlement isn’t always possible, as shown through Christina Estrada’s divorce
For years, Christina Estrada’s life read like a fairytale; former international supermodel fell in love with a billionaire Saudi Arabian sheikh, raising a daughter and sharing a mansion in the British countryside with an unlimited monthly budget to spend on whatever their hearts desired. She is quoted describing her married…
Effective Date for Support Orders
One of the first issues a new client will ask us about is support. Whether it is child support, spousal support, or both, support is one of the most important issues in your family law case. It’s easy to understand why. During your marriage income and expenses are shared and…
Lisa Marie Presley leaves husband in charge of finances; what happens when the “out spouse” files for divorce?
On June 13 Lisa Marie Presley filed for divorce from her fourth husband, Michael Lockwood. While Lisa Marie isn’t the only star we’ve written about to go through multiple divorces, her specific case highlights a common and sometimes very complicated issue in divorce which occurs when one spouse has taken…
Marriage of Cooper: Another reason why you shouldn’t mix community and separate money in the same bank account!
The Court of Appeals just issued what could be a very important opinion on the issue of commingling separate and community funds in certain accounts. The name of the case is Marriage of Cooper and it is a stark reminder of the perils that may result from mixing separate and…
Jules Wainstein still living with Ex; how to get out if this sounds like you
As a cast member of the Real Housewives of New York, Jules Wainstein is no stranger to drama. Surprisingly though, Jules’ impending divorce from husband Michael Wainstein filed in June has already been deemed the most dramatic divorce in Housewives history. And while it may be the most dramatic divorce…
Is your 401(k) now a 201(k)?
Currently American investors are seeing significant losses in the market. For most Americans the effects are being felt in their 401(k) accounts or mutual funds. (Hence the 401(k) to a 201(k) joke…I know it’s not very funny). In the long term, this downturn is just part of the market cycle,…
SO YOUR EX QUIT THEIR JOB…NOW WHAT DO YOU DO? [Part Two – Spousal Support]
In Part One of this blog, I discussed the issue of income imputation (often referred to as earning capacity) in child support cases. The focus of the article was about your options if the other parent voluntarily quit their job and was seeking a modification of child support. As that…