One major issue that comes up in a divorce when dividing assets is what to do with the 401k plan. One party often questions why the account should even be divided when the account has been maintained by that person’s employer. California is a community property state, which means all income during the marriage is presumed to be community property. So, income that both parties deferred … [Read more...] about What to Do About Your 401k In a Divorce Process
Collaborative Divorce
How to Divorce When You Have a Family Business
Dividing a business during the divorce process often wreaks havoc on the family business. It can be either a crippling experience or one that brings the couple together when it comes to reaching their divorce goals. The Collaborative Divorce Process Helps You Identify Your Goals In traditional divorce litigation, spouses often fight over the value of the business, each wanting to remain an … [Read more...] about How to Divorce When You Have a Family Business