Not all divorces are the same. When a couple has significant wealth, their divorce often involves more complexity and higher financial stakes. A high asset divorce can include business interests, investment portfolios, multiple properties and hidden assets. These...
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2 things to consider when keeping the house
As you head toward a divorce, you may decide that your main goal is to continue living in your home. Perhaps the expense of the housing market just makes you feel like you won’t have another chance to own such a nice property. Maybe you’re just comfortable in the...
Dissipating assets vs. hiding assets
There are two main ways that people will sometimes try to keep assets away from their spouse during a divorce. Even if they know that they’re supposed to make a full disclosure of all assets and fairly split up the marital assets that they own jointly, they may take...
What is the role of a forensic accountant in divorce?
When you go through a divorce involving significant assets, you may encounter complicated financial situations. A forensic accountant plays a key role in ensuring that all financial matters are accurately assessed and properly divided. A forensic accountant can help...
Is an inheritance marital property or separate property?
One common question that couples often have when getting divorced is how to classify an inheritance. Is this separate property, meaning it belongs only to the person whose parents left it for them? Or is it marital property that the couple owns together? The reality...
Flying alone with your child? You might be scrutinized
This time of year, a lot of people are going on family vacations while the kids are on spring break. Others are making plans for summer vacation. If you’re traveling by air alone with your child, it’s important to be prepared for a little more scrutiny than a couple...
Is it time to revise your parenting plan?
When parents divorce, they typically create a parenting plan outlining their respective roles and responsibilities for their children. Such an arrangement helps ensure that both parents participate in their children's lives and alleviate the stress of juggling...
Reasons for supervised visitation in California
In many custody arrangements, one parent has physical custody, and the other parent has visitation rights. This usually means the child stays with the other parent according to a set visitation schedule. However, sometimes supervised visitation is required. Supervised...
What are the benefits and downsides of legal separation?
Legal separation offers an alternative to divorce for couples who want to live apart but have reasons to stay legally married. Unlike divorce, legal separation does not end the marriage. Instead, it establishes terms for child-related matters like custody and support...
What role do forensic accountants play in asset division?
When dealing with a divorce involving significant assets, dividing property fairly can become complicated. Forensic accountants play a key role in uncovering and analyzing financial information to ensure an equitable settlement. Their expertise helps bring clarity to...
