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5 Tax Issues to Understand Before Your Divorce
Divorce is not just a significant emotional journey but also a complex financial undertaking. You’re separating your household, so you need to update your budget for housing, living expenses, and retirement planning. It can be easy to forget in the midst of everything else, but you should prepare for changes
Are You Ready for a Holiday Divorce?
The holiday season is traditionally a time for joy, togetherness, and celebration. However, for some couples, it can be a season of strife and uncertainty, leading to what’s colloquially referred to as a “holiday divorce.” While divorce is challenging at any time of year, ending a marriage during the holidays
Taking care of yourself during divorce
Practicing self-care may be the last thing on your mind when you are going through a divorce. The divorce process in California involves many legal steps and requirements, which are often difficult to handle while you are emotionally processing your divorce. Add that to the stress that comes with finding
Know the options when crafting a parenting plan after a divorce
California parents who are in the middle of a divorce will have a lot to think about, but children need to come to the forefront. A significant portion will center on child custody and parenting time. Once the custody arrangement is determined, the other parent will generally be granted regular
What if some properties are not specifically mentioned in a will?
In California, when a person writes a will, they are stating what they want done with their property after they are gone. This person – the testator – can specifically mention certain items like bank accounts, a home, automobiles and more. However, there are often items that they do not
Three reasons to estate plan as a young adult
One commonly made mistake during the estate planning process is thinking that it’s only meant for those who are in the later years of their life. Those who hold this belief end up procrastinating in the creation of their estate plan, which then puts them, their estate, and their loved
Mediation may help Bay Area residents resolve divorces
Mediation is one way that Californians who are divorcing can finalize their dissolution outside of court. Basically, the way mediation works is that both sides will meet with another person called a mediator. The mediator is a trained attorney or other qualified professional. Their job is not to decide anything but
Why might I consider setting up a revocable trust?
There are many reasons why a Bay Area resident might decide to set up a revocable trust as part of their estate plan. To review, a Californian may set up a revocable trust while they are still alive. They then can move all or part of their wealth into the trust by
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