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Understanding Spouses’ Liability for Shared Expenses and Use of Community Assets Following Separation
/in Divorce /by Richard RenkinWhile it is common for couples to separate while their divorce is pending, this separation can raise a couple of unique issues with regard to distribution of the spouses’ property rights and financial responsibilities. For example, if the spouses are legally separated, any income earned during the separation period may qualify as “separate” (rather than […]
If I Retire, Can I Terminate Spousal Support in California?
/in Spousal Support /by Richard RenkinYou have been working for decades, and you are ready to retire. You have earned enough to support yourself in retirement, but your investment income or pension payments will not cover your expenses and your former spouse’s. So, can you retire? Or, must you keep working just to meet your alimony obligations? Retirement and Spousal […]
Can You (or Your Spouse) Seek Custody and Support While Your Divorce is Pending?
/in Divorce /by Richard RenkinSpouses often choose to live apart while their divorce is pending. While this can be in everyone’s best interests (though neither spouse should leave the marital residence without first consulting an attorney), it raises some important questions: What if one spouse cannot support himself or herself independently? If the couple has children, how will they […]
Preparing for Life After Divorce: Five Considerations
/in After a Divorce /by Richard RenkinOn this blog, we regularly discuss the steps involved in preparing for divorce. We talk about how getting divorced is a process, and how spouses who plan ahead and make smart decisions will often be able to positively impact the terms of their final divorce decrees. But, in many ways, preparing for life after divorce […]
What are Some of the Most Common Provisions in California Prenuptial Agreements?
/in Divorce /by Richard RenkinWhether you are wealthy, your fiancé is in debt, or you simply see value in planning ahead, there are numerous reasons to consider entering into a prenuptial agreement in California. From addressing financial planning and tax considerations to the practicalities of married life, prenuptial agreements can serve a wide range of purposes, and soon-to-be spouses […]