Getting divorced can quickly take a financial and emotional toll on an individual in California. A major area of concern for those going through divorce is how to handle property division with their retirement funds. Here are a couple of tips for protecting a 401(k) during a divorce proceeding.
Your child is approaching their 18th birthday, and you are elated. They're happy, healthy and have reached adulthood. You couldn't be more proud.
Divorce is understandably a complicated emotional process in California, particularly when it involves young children. Families differ in how they handle child custody. However, courts usually require the noncustodial parent to make child support payments to the other parent so that the custodial parent does not have to financially support the children on his or her own. Here are a couple of important things to remember about child support.
Money matters can be complicated to address during divorce proceedings in California. The reason for this is that divorcing spouses must figure out all of the assets they share and then how to go about property division, including debt division. Still, a couple of tips might help those facing these concerns to protect their financial situations following divorce.
Television is great for fantasy shows. The problem is some people who watch TV take a lot of what they see at face value, including what happens during the divorce process and what divorce mediation entails. California residents should know that there are a few myths perpetuated by TV dramas and movies regarding divorce. The first inaccuracy is that a divorce mediator will tend to favor the spouse who appears to be more dominant.