Divorces are highly disruptive to your personal life and finances. This guide can help you with at least half of that problem. With a little planning and organization, you can reduce the financial hit you'll take and build a solid plan for the future.
For better or worse, one hot-button issue that often comes up when a California couple ends their marriage is that of spousal support (also known as alimony). This is especially true when one spouse earns significantly more than the other. While one spouse may want to receive enough spousal support to maintain a certain standard of living, the spouse paying spousal support does not want to be drained financially. It is a difficult balance to reach. For this reason, it is important to understand what factors courts in California will consider when issuing spousal support.
Starting out with wedding gifts, to that first home and moving forward throughout the years, married couples in California accumulate a lot of assets. Although couples may start their married life in wedded bliss, some find that as time marches on, their marriage deteriorates to the point where getting a divorce is in their best interests. When this happens, the couple will face many divorce legal issues, including property division.