In California, there are three basic ways of tracing separate or communal property. Direct Exhaustion/recapitulation Mechanical Tracing Lawyers and forensic accountants utilize these strategies to substantiate separate property claims against current and existing...
Many single parents struggle with misconceptions about child support payments and taxes. Common questions that parents receiving or paying child support may have include how their taxes will be impacted by child support payments, who gets to claim the children on...
In many cases, parties in mediation will not have a complete understanding of the financial issues of their case. This makes it difficult for them to make decisions that are necessary to reach a mediated resolution. In situations like these, bringing your financial...
While the legal process of divorcing can be difficult, it doesn’t have to be financially arduous for everyone involved. A divorce checklist can help you in this situation to set things in the right direction. There are various methods to choose from based on how...
The characterization of property in a divorce or legal separation case is extremely important. The distinction between separate and community property has a substantial impact on the division of assets upon divorce. The definition of separate property is any property...