Separate Property

Attorney’s Suggestions for Protecting the Assets During a Divorce – San Diego 2020

May 15, 2020 | by Roy M. Doppelt

Apart from the kid’s welfare, securing the assets and money during the process of divorce is immensely important. Assets are one of the crucial issues that you can protect as well as prepare for in the long-term before filing your divorce in the San Diego Courts.

If you have a feeling that your spouse is hiding money, and you think a divorce is necessary, then you must take precautions with your assets and finances in advance before filing for a divorce.

Because you, as well as your children, have to be financially secure until you can start or go back to work, that means you have to protect some portion of your spouse’s income regarding economic feasibility after the final verdict of your divorce.

Ways to Effectively Handle High Asset Divorce Cases in San Diego in 2020

April 16, 2020 | by Roy M. Doppelt

Divorce is a complicated matter, and it brings in mental, emotional, and financial instability in your life, regardless of the value of your case’s net worth. The emotions associated with a divorce are heightened as the complexity of the case increases. The higher the net-worth of a case, the more complicated things get in a divorce. Liquid assets that total to $1 million or higher fall under high-net-worth divorce cases.

As compared to couples with well-defined or limited assets, couples with complicated and high-net-worth assets have to face more challenges. Real-estate partnerships, closely-held business interests, stock options and voting rights, and deferred compensation are the type of financials that complicate matters. The right approach in such cases is to leave the task of determining the value of the assets to the professional family lawyers. It is essential because, in such high worth cases, it becomes very difficult to identify community and separate property in community property states such as California.

Here is a list of smart ways to effectively handle high net-worth divorce cases to make things a little less messy and complicated for you!

Asset Division in 2019 Upon Divorce in San Diego – Community vs. Separate Property

September 27, 2019 | by Roy M. Doppelt

Divorce often comes as a huge blow for families. The husband, wife, as well as the children, may suffer deeply from it and have to endure its difficult aftermath. No matter how much you try, you cannot get rid of what’s to come after a divorce. Besides the unstable emotional state, even your finances suffer. All in all, this tragic event, often simply disrupts your life completely.

Some of the matters that you must deal with during a divorce include child custody, child and spousal support, and asset division. The laws governing the asset division vary state by state. If you are getting a divorce in San Diego, you need to understand the difference between community and separate property, as California is a community property state.

Community Property VS. State Property