A basic primer for divorce attorneys. It’s an unfortunate fact: Some spouses attempt to hide assets before or during a divorce in order to avoid splitting them with their soon-to-be ex-spouse. In fact, according to the University of Mississippi, 53% of married people are keeping money secrets from their partners. In California, a state that posts very […]
Let’s face it, selling a house in California can be an expensive and time-consuming undertaking. And now that interest rates are on the rise, buying a new home has become even pricier for couples who are looking for ways to reduce the economic impact of divorce. As the most valuable asset most couples own, the […]
Should your divorcing client keep or sell their house? Rising interest rates, increasing home values and waning affordability—the real estate market is changing, and divorce attorneys need to know what these changes could mean for their clients. Keep It or Buy Out the Other Spouse? The answer depends in part on whether they can afford […]
Aka Why the Court Shouldn’t Set Your Clients’ Listing Prices One of the first issues real estate agents run into at the start of any listing contract is determining the property’s price. Thanks to Zillow, clients often believe they have insider knowledge that makes them industry experts—and in divorce cases, that’s a mistake that can […]
Under California’s Community Property model, divorcing spouses each own half of their real property and half of their debts equally. Separate property—property that was acquired by one spouse before the marriage and was never commingled into the marriage—is an exception, but, for the most part, California couples can expect to split the total value of […]