Does Divorce Affect Men And Women Equally?
Under the law, men and women are technically treated equally during a divorce. However, going through a divorce can have substantially different effects on men versus women. Women may suffer more severe financial consequences in both the short and long term. Surprisingly, men may suffer more psychological distress, such as loneliness, depression, and identity issues. […]
MoreHow Are Family Assets and Generational Wealth Handled in a Divorce?
Divorce can be relatively complex when significant family assets and generational wealth are involved. California is a community property state, meaning most assets acquired during marriage belong equally to both spouses. However, some forms of generational property are often treated differently under state law, such as inheritances. Learning about how these rules apply can be […]
MoreWhat Is a High-Net-Worth Individual?
A high-net-worth individual is a person who has significant assets or significant wealth. Years ago, this type of person might have been called a “millionaire.” Having significant wealth can obviously have many benefits. However, there are also some challenges that come along with this status. Keep reading below to learn more about high-net-worth individuals. Types […]
MoreLos Angeles Guidelines: Valuation of Luxury Collectibles and Personal Property in High Asset Divorces
When a couple with significant wealth divorces in Los Angeles, California, one of the most challenging aspects of the process is determining the value of luxury items and personal property. High-end collections can hold not just sentimental value but immense financial worth as well. Under California’s community property system, these assets must be carefully evaluated […]
MoreHoliday Custody Planning: Tips for a Smooth Season
Navigating child custody arrangements during holidays can be difficult, even for parents with a great co-parenting relationship. With the proper arrangements in place and a willingness to focus on your children’s best interests, you can help make the holidays memorable for your children in all the right ways. Where Are Holiday Custody Plans Included in […]
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