I’ve presented these articles which I have written because I feel they offer good information for my clients. Reading them at your leisure will help you better understand your situation. If you have any questions regarding what you’ve read here, especially how it may relate to your own family law issue, please feel free to contact my office. We will be happy to arrange a consultation to discuss all your questions.

What’s Yours is Mine and What’s Mine is Yours

Those involved in the divorce process often painstakingly comb through financial documents to map out the source of funds used to purchase property in an effort to develop and prepare the necessary evidence to characterize property as either community or separate property. Thus, the focus tends to be on property that has been acquired during the marriage; i.e. property that … Continued

Social Security Benefits are Not Community Property

“My Social Security retirement is mine; but your pension is ours.”  Essentially, what’s mine is mine; what’s yours is ours.  This is true when it comes to Social Security retirement and a private pension plan upon divorce. Federal Versus State It is a common understanding, as well as a legal presumption in family law, that all property, real or personal, … Continued

Don’t Love Anything That Can’t Love You Back

Divorce is emotionally and financially complicated, but when the emotions and finances start influencing each other, this is a recipe for emotional and financial disaster. I have always believed that every issue in divorce, with the exception of anything involving children and pets, should be approached as a business decision.  It should be possible to quantify any finance-related issue in … Continued

Life Insurance After Divorce

During marriage, a very typical scenario is for spouses to name each other as the beneficiary to each person’s individual life insurance policy.  Once a divorce is commenced, a beneficiary designation cannot be changed until after the divorce is completed.  After the divorce, the only way to change the beneficiary designation is if the divorce decree sets forth who owns … Continued

Cohabitation Agreements

This past Sunday, the Los Angeles Times reported that a new study from the Centers for Disease Control and Prevention, based on the CDC’s National Survey of Family Growth, found that almost 50% of unmarried women are living with a significant other.  Couples are not only cohabitating more often than in the past; they’re doing it much longer.  This comes … Continued

Don’t Forget to Divide These Things, Too

In California community property rules control the division of assets and liabilities in divorce.  Community property is any property, regardless of where it is situated, which is acquired during the marriage.  Unless there is an exception for characterizing property as separate property, all community property is divided equally.  Most people are aware of the typical assets and liabilities to be … Continued

Sell Your Story Along With Your Engagement and Wedding Rings

Can memories be sold?  They sure can thanks to the modern day pawn shop − the Internet. When engagements break up and marriages fail, someone is left holding the symbol of that failed relationship – the ring.  Some people will give the ring to their children; some take the ring to the jeweler to have the ring redesigned to represent … Continued

Life Insurance (Counter Point)

Last week’s blog post set forth a scenario for using life insurance in divorce and the possible option of universal life insurance to meet the husband and wife’s needs.  As a result of that post, I got several comments from other life insurance professionals with other thoughts on the topic.

Life Insurance in Family Law: a Unique and Possibly Perfect Solution

Life insurance plays a very important part in family law matters.  One of the most typical uses for life insurance is to secure support obligations, especially child support.  In other words, the life insurance benefit, after the death of the party obligated to make support payments, will ensure that financial support continues to the other party and/or their children. While … Continued

Happy Valentine’s Day – Here is a Gift for You….or Not

It is almost Valentine’s Day – traditionally a day on which lovers express their love for each other by presenting flowers, offering confectionery, and sending greeting cards.  For many, Valentine’s Day is a day of presenting jewelry and for others maybe even something grander, such as an automobile, to a spouse.  Although the recipient of any of these items would … Continued