Getting married should be one of the most exciting times in life. It can also be very stressful. Aside from all the planning for the big day, you and your future spouse need to come to an agreement on quite a few important topics. These include having children, where you will live, how you will share holidays with in-laws and even how credit cards will be used or held. One important tip is that you should hold joint credit cards.
Many people who are headed for a walk down the aisle wonder if they can get married and still keep their property separate. For starters, there are no rules or laws out there that force married people to combine their separate property into marital property. The decisions are made by the couples as a couple. Here's some more information about keeping property separate in a marriage.
Getting married is one of the most exciting times in any person's life. That excitement can come to a quick end if the marriage takes a turn in the wrong direction. When this happens, it's likely that the marriage will eventually end in divorce in Fullerton, California. Here's some information about dividing property acquired during a marriage in divorce.
Talking about a prenuptial agreement and what will happen in the event of a divorce is rarely the type of planning people want to do when they are engaged. They'd typically rather focus on wedding preparations and thinking about a happy union.
A whole host of legal protections usually designate the inheritance of one spouse as his or her individual property, but depending on when the inheritance gift occurs and the choices that the receiving spouse makes surrounding how to store and use the assets of an inheritance, it is not always simple to determine what is and is not inheritance at all.
As you work though your divorce, one of the most complicated and frustrating aspects of the process is usually marital property division. Many spouses do not realize until the process is already in full swing that dividing marital property includes debt as well as assets. While carrying debt is sometimes stressful, it can also be a good tool to help balance out asset division.
When a couple who owns a home divorces, they face the difficult decision of what to do with the home itself. In many cases, a couple will sell their home to get out from under the mortgage and make a clean break. Alternatively, one spouse may want to keep the home even though both spouses can claim a portion of its value.
Over the years, you and your spouse chased after dreams of creating your own business. That dream may have become reality, but now you aren’t sure how your divorce will affect the company.