Articles Posted in Property Division

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The Legal Process for the Division of Marital Property: Identification, Characterization, and Valuation

The Legal Process for the Division of Marital Property: Identification, Characterization, and Valuation

The division of property in a divorce case can be a very contentious issue—and for good reason. People feel pride and ownership in the things they have worked hard to attain over the course of a marriage. It’s only natural that most prefer to keep the assets they have earned, or at least take the time to decide how to divide them fairly.

However, it is important to recognize that California is a community property state, which means that all income earned, debt acquired, and assets purchased during the marriage are considered “community property” owned by the couple, not the individual. Because of this distinction, it is important for both spouses to understand the legal process of property division.

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What Are Grounds for Annulment in California?

What Are Grounds for Annulment in California?

In California, divorces and annulments serve the same general purpose—to legally terminate a marriage between two parties. However, the two tools function in vastly different ways. While an annulment is a legal declaration that a marriage never existed, it is different from a divorce. Divorcing spouses recognize that they were once legally married but choose to terminate the marriage relationship and keep a legal record of the life event. By contrast, annulments allow the spouses to proceed with no record of the marriage because the marriage was not legal in the first place. This specific illegitimate aspect is known as “grounds” for the annulment.

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Legal Separation as a Precursor to Divorce in California

Legal-Separation-as-a-Precursor-to-Divorce

Many people mistakenly believe that legal separation is essentially the same as divorce, but this is inaccurate. Legal separation is an alternative to divorce that can potentially serve as a springboard to a formal divorce in the future, but it is not as final as a divorce. Legal separation can functionally allow married spouses to hold themselves out as unmarried and live separately while they continue taking advantage of the legal benefits that marriage offers.

If you are thinking about ending your marriage in California, it’s essential to think about your reasons behind this consideration and the effects your divorce could potentially have on your life. It’s important to note that a legal separation does not simply mean one of you moving out of your marital home and living separately. Legal separation requires a formal family court agreement that includes specific terms and conditions.

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Can You Sell Your House During a Divorce?

Can-You-Sell-Your-House-During-a-Divorce

When a couple decides to divorce in California, their house is often the most important asset to distribute in the settlement. Spouses often wonder if they can stay in the house, whether they can retain ownership, or if they should sell. It is crucial to develop an understanding of your options when you are in this situation, and a trusted divorce attorney is the best tool you can use to understand your alternatives and protect your interests.

If you and your spouse bought your home as a married couple, it is considered “community property” in California. In the case of a divorce, this means that the home’s value will be divided 50/50 between the spouses. Your options for keeping or selling the home are dependent upon your ability to reach an agreement that satisfies both you and your spouse. This could mean selling the house and splitting any profit evenly, but many couples reach an agreement in which one party purchases the other’s share of the home.

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Making a Change in Divorce Judgements Due to a Change of Circumstances

Making-a-Change-in-Divorce-Judgements-Due-to-a-Change-of-Circumstances

Life can change in an instant, and individuals who are divorced are not immune. In fact, divorced people frequently experience changes in their life circumstances that may necessitate changes in terms of their divorce regarding spousal support, child support, or child custody and visitation. If you are in a similar situation that has made the terms of your divorce untenable, it can be difficult to know where to start. However, it is important to know that you are not alone.

The first step toward changing a divorce judgment is to request a hearing. A hearing allows you to prove in court that you have experienced a significant lifestyle change since the time that your divorce was settled. The courts do not provide a specific outline for what constitutes a change of circumstances, but they will consider various factors that may affect the terms of your divorce.

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Important Estate Planning Issues Related to Divorce

Important-Estate-Planning-Issues-Related-to-Divorce

If you are preparing to end your marriage, it is vital to understand that your divorce may be one of the most challenging experiences of your life and affect you for years to come. While you are likely bracing for your new reality as a recently divorced single person, one thing you should not overlook as you begin the next chapter of your life is your estate plan. It is very likely that if you have a will, trust, or other estate planning documents in place, you have your ex-spouse listed as a beneficiary. You may also have them included in beneficiary designations for specific accounts, such as your retirement account or life insurance policy. When you have decided to end your marriage, completing the divorce process is just the first phase of restructuring your life.

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Expert Witnesses in California Divorce Cases

Expert-Witnesses-in-Divorce-Cases

Divorce is likely to be one of the most challenging experiences of your life. Even if you and your spouse are relatively civil and agreeable with one another, the reality is that the divorce process is hugely trying in many ways. Whether you are concerned about the financial implications of your divorce or are struggling to reconcile your personal feelings about the matter, it’s imperative to understand that any divorce case has the potential to escalate into an incredibly complex court battle.

While family law is unique from other areas of the law in many ways, there are some common threads among family, civil, and criminal law. One of these is the value that expert witnesses can provide in some instances, particularly those that involve highly complex or easily misunderstood technical concepts, complicated financial entanglements, and issues regarding physical and mental health.

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What Is Limited Scope Representation in California Family Law?

Limited-Scope-Representation-in-California-Family-Law

Navigating any family law case can be a daunting and stressful experience. It is very difficult to predict how long a case will take to complete or how much it will cost you in legal fees, even if the matter seems straightforward at first. Hiring the right attorney to represent you is one of the most important decisions you can make when handling your family law matter. It’s also important to know exactly what you need from an attorney and what you can handle on your own. If you have concerns about the cost of legal fees for any family law matter in California, it’s vital to understand what limited scope representation is and how this can work in your favor.

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Acceptable Grounds for Family Court Order Modification in California

Acceptable-Grounds-for-Family-Court-Order-Modification-in-California

Family law is unique in many ways. Perhaps most notably, the family law system offers a more streamlined alternative to the standard appeal process when an individual accountable to a family court order believes the order to be unreasonable or untenable due to recent events. Family law acknowledges that life is unpredictable. Due to the nature of most family court orders, the terms of an order may not be as reasonable in the future as they are at the time they are signed into effect by a judge.

If you have recently experienced any major life events that have materially influenced your standing family court order, the modification process can allow you to make simple changes that reflect the recent changes in your life. This does not mean you can repeatedly pester the court until they modify your family court order to suit your exact preferences. There are certain conditions that must be satisfied if the court is to approve of any proposed modification.

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Is an Annulment Right for You?

Everything-You-Need-to-Know-About-Annulments

Ending a relationship, especially a marriage, is never easy. Depending on the circumstances, it can be rather messy. When involved in a legally binding marriage, there are a few options to consider for ending that legal contract. For many, this path is divorce. For some, this path may be an annulment. It can be challenging to have an annulment granted, so it is crucial to speak with an attorney to help you understand if this is the appropriate route for you. There are limited reasons that qualify for an annulment, and you’ll have to provide adequate evidence to do so. You will also potentially face a statute of limitations, which will put a deadline on your ability to file. An experienced annulment attorney such as the attorneys at Bickford Blado & Botros can guide you in this process.

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