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Dividing assets during a divorce can be contentious and frustrating. While there may be objects that hold sentimental value, the most important goal is reaching a fair division of property that will allow each of you to leave the marriage in the most positive financial situation possible. If you and your spouse discussed the possibility of divorce prior to your…
Richard and Alicia Stephenson married several decades ago and enjoyed a lavish life. Richard Stephenson was one of the founders of the Cancer Treatment Centers of America, and through his position with that business gained considerable wealth. The couple share one daughter but unfortunately decided to end their marriage with Alicia Stephenson moving out of the couple’s estate in 2007.…
Financially conscious couples tend to start saving for retirement early on in their marriages. Individual retirement accounts — IRAs — are popular choices when saving for the future, and they provide many benefits to future retirees. Divorce can complicate these savings though. Most California couples understand that they must divide retirement funds, but many are unsure of how to do…
With the holidays approaching, it can be a challenging time for the recently divorced or for those going through a divorce. It’s such a big life change, going from married to single, so understandably the change can cause extra strain. However, there are reasons to be thankful this holiday season. Start with being thankful for your high asset divorce. When going…
California marriages can last for years and be right for people until they are not anymore. In those years of a marriage, a couple will go through and experience a lot together. Financially, marriages often see the accumulation of assets, like bank accounts, money market accounts and retirement accounts, like a 401k. In a divorce, many couples’ first questions revolve…
Reality TV in California and across the nation have been so popular in recent years that they have launched multiple professional careers. Two HGTV stars are well known, the stars of Flip or Flop, which follows the married couple’s experience flipping houses for profit and their life with their children. Fans were shocked to hear of the couple’s motion to…
Marriages can last years, months or even weeks. Sometimes, what seems like the easiest decision in the world becomes the hardest one to make. People change, things change and sometimes, a marriage does not survive. If one is thinking about divorce, it is a good ideato know that California is a no-fault divorce state. What this means is that when…
Going through divorce will cause you to face many concerns. Some of the biggest apprehensions may relate to how property division will turn out and other possible financial impacts. As a business owner, you may feel particular anxiety when it comes to the potential of losing a portion of your company to your ex-spouse as part of the divorce settlement.…
For families going through a divorce, there are often many questions associated with the process that one would like answered. Questions about child custody and alimony top the list. While these decisions may not impact every family in a high asset divorce (due to not having children) a popular issue, regardless of children, is who gets the family home in…
Living in California, it’s hard not to notice what’s going on with Hollywood couples. Thinking about how these couples juggle their high-profile jobs, relationships and even kids can appear effortless in the media. However, the reality is that high-profile couples often have the same struggles as normal couples and families living in Santa Rosa. One high-profile couple, Anna Faris and…
