You Must Fully Disclose Every Asset and Debt in a Carlsbad Divorce

You Are Legally Required to Fully Disclose Every Asset and Debt in a Carlsbad Divorce

Pierre Domercq Community Property Division

California law clearly requires every individual to fully disclose every asset and debt in a Carlsbad divorce.  This applies to many things often missed such as retirement accounts, personal injury settlements as well as separate and pre-marital or gifted assets! We are often asked “what information must be disclosed?”  The short answer is simply any and all information you possess …

Tax Returns and Financial Records in a Divorce in Carlsbad or San Diego

Pay Attention to Tax Returns and Financial Records in a Divorce

Pierre Domercq Community Property Division

Are you seriously considering or in the midst of filing for divorce.  It is important to pay attention to tax returns and financial records in a divorce.  They provide significant insight, factual data and documentation for forensic accounting when hidden assets or undervalued assets are in question. This time of year is traditionally tax season, although the filing deadline has …

How Are Assets and Debts to be Divided in a Carlsbad Divorce Family Law

How are Assets and Debts to be Divided in a Carlsbad Divorce?

Pierre Domercq Community Property Division

How are assets and debts to be divided in a Carlsbad divorce?  Property division can be one of the significant challenges in many divorce cases.  The division of property includes any asset, debt, property or liability owned or owed by either of the parties or both. The divorce begins with financial disclosures by both parties.  Property disclosures should include, but …

Assets Which Are Frequently Missed or Inaccurate During a Divorce

Assets Which Are Frequently Missed or Inaccurate During a Divorce Disclosure

Pierre Domercq Community Property Division

What are a few of the assets which are frequently missed or inaccurate during a divorce disclosure?  Why is it important to ensure attention to detail when completing financial disclosures during a divorce? One of the first tasks one must complete at the outset of a Carlsbad or San Diego divorce is the disclosure of all known assets and debts.  …

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Pierre Domercq Community Property Division

Are debts and property treated equally in a Carlsbad CA divorce?  How will your personal property, vehicles, real property, investments, retirement accounts and pets be divided during the division of community property? The first concept to understand is the difference between “community” property and “separate” property.  Community property is generally defined as any asset or debt which is acquired by …

Spouse Earned Income During Your Marriage Which is Still Unpaid

What Financial Disclosures Must be Made in a San Diego Divorce?

Pierre Domercq Community Property Division

What financial disclosures must be made in a San Diego divorce?  Why is a full, transparent and accurate disclosure of all assets and debts by each party so important in a divorce? Generally speaking, the Court must have a thorough understanding of all of each party’s individual and joint assets and debts as well as the income of each spouse …

Will My Spouse Get Half of My Business if We Divorce in San Diego?

Will My Spouse Get Half of My Business if We Divorce in San Diego?

Pierre Domercq Community Property Division

Will my spouse get half of my business if we divorce in San Diego?  If either or both of the former spouses own an interest in a business or professional practice or they share in the ownership of a family business it will be a substantial issue in your divorce. Here in California, community property is to be divided equally …