Military members who retire after at least 20 years of service are entitled to a lifetime pension. Since this timeline often means retiring in their 40s, these pensions are often the biggest asset a military family owns. Depending on the service member’s rank, a pension can be valued at anywhere from around $330,000 to $1.2 ...
Deciding what happens to the family home is often one of the most difficult issues in a divorce. It affects the future living arrangements of the parties and any minor children. It also has tax ramifications and may affect the possibility of spousal support. If you want to know what to expect regarding the family ...
A business may or may not be considered a marital asset when partners divorce in California. All property is divided either by ownership, agreement, or court order. Ownership of a business may be determined by when the business was started, who contributed to the operation of the business, and what was agreed to regarding ownership ...
One of the most acrimonious moments in a person’s life is when child custody is contested following a divorce. If a parent doesn’t pursue parental rights, they will have limited contact with their kids for the duration of their childhood. Even worse, a parent’s right to visitation and custody may be taken away, restricting contact ...
The summer shuffle is real. For divorced parents and their children, it is a complicated mix-up to the regular routine, filled with summer camps, programs, and more. Navigating through the bumpy road of child custody is challenging enough, but summer can be an especially difficult time of year when parents need to agree on these ...
Angela Powell met her husband when they were freshmen in college. They were married after graduation and they settled in Arizona. They consolidated their student loans under a federal program designed to help married couples, which helped lower their interest rates. Unfortunately, like many other marriages, theirs didn’t last. Even though Angela’s husband had taken ...
Many parents say change cannot come quick enough regarding the rules and laws surrounding supervised visitation of children amid custody disputes. Three tragic stories are at the center of this push for change in California laws. In 2017, a Los Angeles woman requested sole custody of her 5-year-old son. Her ex-husband fought for full custody. ...
Initiating or filing for divorce in San Diego County during the holiday season can be difficult. It is why many do so in January, known as the peak season for divorces. Divorce filings are reported to spike by nearly one-third following the holidays. Already a stressful time of the year, a divorce can add even ...
In 2019, a 73-year-old California woman was awarded $150,000 in back child support. The retired interior designer and Carlsbad resident raised her daughter alone after her ex-husband abandoned his family almost 50 years before. His daughter was a toddler when he left for Canada, and now, she is in her 5o’s. The single mom juggled ...
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