California is known as a "community property" state. That means that property and other assets (including income) acquired by spouses -- separately or together -- during the marriage are considered to belong to both of them.
If 2019 is going to bring remarriage for you, you're likely confident that you're going into this union wiser than you were when you tied the knot the first time. That's probably true. One way to get off to a smart start on your marriage -- at least financially -- is to get a prenuptial agreement.
When you and your spouse are dividing assets in a divorce, your vehicles are likely not among your primary concerns. Likely, you've got assets worth far more. However, if you agreed to cosign on a car loan for your spouse or your spouse did that for you, you probably don't want to continue to have your names on that loan together.
It seems as though California should have been at the forefront of recognizing pets as the beloved family members they are for most of us when decisions have to be made about their fate in divorces. However, we're finally catching up to Alaska in how family law views them.
Just because you got married to your partner doesn't mean that you will trust each other throughout the entire marriage. Many marriages go through rough patches where trust becomes a focal point. A lot of marriages that struggle to stay together run into problems surrounding hidden money or assets. So, how can you determine if your spouse is hiding money?
The minute you know that your marriage has ended, you will likely start preparing for what's to come. This can be a lengthy process, especially if you have trouble coming to an agreement with your spouse, which was likely a main cause of the failed marriage. An important thing you need to know is you should never hide assets when divorcing.
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.