It is not uncommon for newly married individuals to join their assets together, such as their money. This is because they view themselves as a team -- a team that will last long term. The unfortunate reality, though, is that financial problems can easily cause a marriage to end sooner than expected, and when this happens, property division may quickly become an area of conflict. Here is a look at some specific reasons why couples in California may experience financial issues that ultimately lead to divorce.
Going through the dissolution of a marriage in California can understandably be a challenge from an emotional standpoint. However, divorce can also pose financial challenges no matter a person's net worth. A couple of steps, though, can help people to safeguard their finances as they navigate matters such as property division and alimony during the divorce process.
Dissolving a marriage can be one of the hardest decisions a person in California has to make. However, sometimes divorce is unavoidable if two spouses have differences they simply cannot reconcile. Here are a few signs that two married people may be headed for divorce and the battles that come with it, such as conflict involving property division or child custody.
Ending a marital union in California can no doubt be a stressful experience from an emotional point of view. However, the process can also put a strain on a person's finances as he or she navigates tricky matters such as alimony and property division. Here are a couple of money mistakes that people often make, following property division, that may further put them in a financial bind.
Getting divorced can certainly be a confusing ordeal emotionally, but it can also be complicated financially. This is especially true for those who feel that their soon-to-be-exes are hiding assets from them. Here are a few tips for discovering concealed assets before tackling property division during a divorce proceeding in California.
Navigating the process of dissolving a marriage can certainly be challenging from an emotional standpoint. However, it can be equally as confusing from a financial perspective, especially with regard to the distribution of assets. Here is a glimpse at how property division is handled during a divorce proceeding in California.
Sometimes, two married people in California try hard to make their marriage work out but to no avail. In some of these situations, the culprit is their personality traits. Here are a couple of personality traits in particular that can prove problematic during marriage and thus ultimately lead to divorce, at which time, issues such as property division must be tackled.
For years, marriage experts have said that married people end up getting divorced 50 percent of the time. However, researchers recently reported that young people in California and elsewhere are more motivated to stay together now than they were in the past. This has caused the divorce rate to dwindle nationally, thus leading to fewer altercations over matters like property division.
Getting divorced in California can have long-term negative financial impacts. This is why prenuptial agreements are growing in popularity. Here is a look at what prenuptial agreements, or prenups, involve and how they can help with property division during divorce.
Getting divorced can certainly be challenging emotionally, but it can be just as difficult financially. This is true even in the most seemingly amicable marital breakups. Here are a couple of tips for navigating the financial aspect of a divorce proceeding in California, particularly when it comes to property division.