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Articles Posted in Divorce Finances

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Can My Spouse Force me to Work?

One of the most common questions posed by supported parties to family law attorneys is “can my spouse force me to work?” Often times supported spouses are threatened by their high earning counterparts with statements like “you could be earning more money,” “you could be earning at least minimum wage”…

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Obamacare May Make Divorce More Affordable

As we have previously blogged, healthcare can be a big financial concern for divorcing spouses. In many cases, one spouse provides health insurance for the entire family through his or her employer. However, upon divorce, the non-providing spouse must obtain his or her own health insurance. This can be a…

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Divorce Disclosure Requirements and Offshore Assets

In divorce cases where the parties have offshore assets, those assets are generally not reported to the Internal Revenue Service (“IRS”). However, California family law imposes a strict fiduciary duty of disclosure on all divorcing spouses. Throughout the pendency of a divorce case, the parties are under an ongoing obligation…

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How Does Divorce Affect My Credit Score?

Along with the emotional challenges of a divorce, financial challenges often also accompany a divorce proceeding. In relation to the many financial challenges, one question that often comes to the mind of our San Diego clients is: How does divorce affect my credit? The fact that you are now divorced…

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Getting a Mortgage After Divorce – Is it Impossible?

A divorce almost always results in a change in housing for one or both spouses. As if qualifying for a new mortgage isn’t hard enough, unfortunately, getting a mortgage after a divorce can be further complicated by several factors related to the dissolution. During a divorce proceeding, family lawyers frequently…

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California Alimony Calculation – Fringe Benefits as Income Available for Support

One of the biggest battles in many contested divorce cases is the issue of spousal support (also commonly referred to as alimony) and analysis of California spousal support factors. The most prominent factors a court typically considers when making a spousal support award are the supported spouse’s needs and the…

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Tips for Locating Hidden Assets in Divorce

Former NFL player and Super Bowl champ, Jeremy Shockey, and Daniela Cortazar enjoyed a brief eight months of nuptial bliss before Shockey filed for divorce in January 2013. TMZ now reports that Shockey “is playing dumb with his finances according to his soon-to-be ex-wife.” Cortazar claims that Shockey’s net worth…

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Recent Family Law Case Clarifies Breach of Fiduciary Duty Remedy

In San Diego Family Courts, Judges take the issue of breach of spousal fiduciary duty very seriously. Harsh punishments are available in family court for nondisclosure of assets, failure to provide truthful information regarding income and assets and other misconduct. In April 2013, the California Court of Appeal ruled in…

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Divorce & Remarriage in San Diego – Considerations for the Blended Family

Considerations for Your Second Marriage and New Blended Family The United States, especially California, has a bad reputation for its “high” divorce rate. However, along with the high rate of divorce is also a high rate of remarriage. Considering the amount of marriages and remarriages, it is not surprising to…

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